Ian Jimeno
Duplex to Quadplex? Construction Loan Questions
Hey y'all,I currently own a duplex in Normal Heights, San Diego area. I just did a feasibility study on the property and can build a total of 3 ADUs along with the single family home on it. I'm confused on how the fin...
Eric Jun
FHA Loan Requirement on Rents for 3-4 Unit Multi-Family
Hi.I have a 3-unit multifamily property under contract and I'm planning on applying for a FHA loan with a low down payment. Is there a requirement that the total monthly rent from other units has to be greater than th...
Frank Fiore Jr
Property Value for Cap Rate
Cap Rate is basically determining your return if you paid all cash for the property. Correct?
My question is how do you determine Property Price, is this the final "sale price" or do you include repairs, clos...
Ben Kornblatt
Please help- Question regarding depreciation multiple properties
Hello BP community,
I was hoping to ask the veterans and those more experienced than me on this subject. The question is in regards to depreciation with multiple properties. Lets say for example you have two SFH wor...
James Krell
Multi-Family Deal Structure
I found 3 duplexes owned free by one owner. He is asking 550k total for all three(6 units total). They are renting for a total of 4400 a month all tenants on month to month. Market rent is between 4800-5200 total. My ...
Keith White
Help me analyze this potential deal.
I recently have been in discussions with a friend of mine about purchasing 4 condo units from him, two 3 bed and two 2 bed. I have been involved in the property management field for a few years now but currently do no...
Mal'Lica Benton
My second flip took me to school
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $48,500
Cash invested: $23,000
Sale price: $134,900
Fully renovated 3 bedroom 1 bath sfh
What made you...
Elliott Back
taxes with house hacking
I have a situation that I am curious about. If i have a duplex and it has a mortgage of 1000/month and I am able to rent out one side for 1000/month and I live in the other side, would i pay taxes on that 1000? If i r...
Jarod Castaneda
Looking for guidance on property lived in first then renting
Looking for help in evaluating a home I purchased and lived in for 2 years. In the military at the time and moved. Decided to rent. Now having joined Bigger Pockets I want to see if what I have is a good deal and n...
Jered Cruder
Unique opportunity in Southern Allegheny County, I have questions...
Hello BP Folks! I have the opportunity to acquire a property in Elizabeth Forward School District. It is a situation which is new to me so I wanted to bounce it off the community. the property is in a decent semi rura...