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Hi Guys!This is my first post, I have been listening to the podcast for a while now, listened to about 400 of them now, read a few books and etc. Im currently house hacking in the bay area, I have been house hacking f...
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Hello all,I have a quick question about the BRRRR strategy. I am planning on buying my first owner occupied duplex in the near future with an FHA 203k loan, allowing me to roll rehab costs into the mortgage. After run...
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Hello,I am considering duplexes where no inspection is allowed because the property already has renters. Is it unwise to assume that a property does not need major repairs because it already has renters? Or do I just ...
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I will be closing on my first deal in the next couple weeks and I have the funds for purchase and closing. What are my best options for financing the rehab? (Appx $120k) I am a GC and will be doing a lot of the work m...
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GOAL: Higher cash flowSCENARIO 1: I have (2) 4-Family Properties. They are next to each other and are identical, each have (2) 2-bedroom apts and (2) 1-bedroom apts. I purchased both for $308,000 total in Dec 2015. Th...
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Hey guys, first post here. I work for a large development firm here in Milwaukee but am doing my first outside deal. Its a 4 story historic building that is completely vacant. I plan to turn floors 2-4 into apartments...
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Hello,
I recently did a 203k BRRR and have just finished refinancing not too long ago for a duplex in RI (now holding a traditional mortgage with 20% equity). I would eventually like to do another 203K renovation i...
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I have done many rehabs for 1-4 unit properties, and have always just purchased material from local hardware stores. I am starting rehab for a small apartment building and will be renovating all the units at the same ...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $95,000
Cash invested: $1
Bought from an estate well under market value, put close to $30k into improvements...
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I have a duplex in New Orleans I bought after the storm and totally renovated it, I had to move to FL to care for a sick parent, and now I am unable to cover the mortgage even with the both units leased. Chase bank is...