Kenneth Wong
Lease to Own - 7 yrs
Hello fellow BP community.Sorry this is long, but I need some feedback.This involves a single family 3Br, 1Ba Connecticut Colonial short sale (4 lots; total .66 acres). It reflects committing the cardinal sin of crea...
Jared Schweiss
Adding Patio to Fourplex
Hi all - I am house hacking a Fourplex with a good sized backyard. All the tenants have been very good so far, and one recently asked me if they could set up a few patio chairs in the backyard. I said yes already and ...
Thornton Drury
House Hacking Insurance
Hey everyone.I'm in the middle of a house-hacking purchase and I'm stumped on the Insurance question.Do I insure the whole house with a homeowners policy? Do I make tenants have renters insurance? Does everyone having...
Ellen O'Neill
Is this considered "House Hacking?"
Hi all,So, I have decided to wait on buying a two family in my area as it is expensive and out of my price range. However, I would like to move out around 26 (I am 24). I am from NJ and have been on the fence of poten...
David Barajas
Invest with family who is buying a SFH
Hello.I have a nephew who is 20 years old and moving from the Bay Area to Sacramento (about 100 miles) for college. He is pre-approved for an Cal FHA loan for $315k. I have about $50k from a HELOC and wondering how to...
Blake Johnson
Trust: revocable vs irrecoverable
Which is better for real estate, revocable or irrevocable trust? I’m an investor in single family homes.
Chait Borade
Help with Tenant - Short Term visitor turned out long term
Recently bought 4plex property, owner occupied and inherited tenant. There is a father son duo living in one of the units (2beds,1bath), who pay rent on time and are generally good tenants. Over the summer one of thei...
Shelbie Beeson
Do I need 20% on my 2nd home which will be my primary residence?
I currently live in a home I bought with approximately 3% down. Values have gone up and now I’d say i have around to 15-18% equity.
We want to move but don’t want to sell this home. This was our primary residence th...
Sandra Pinzon
Chicago Illegal Garden Unit
Currently in the middle of attorney review. Buying a 2 flat with an illegal garden unit. In my letter we’ve asked that one tenant move out prior to close. They responded the garden unit will be empty. Is it legal (for...
Michael R.
Partially owner occupied MF analysis to start investing in RE
I'd like to bounce this question off the forum. I'm thinking about leaving my $1,700 per month studio in Manhattan to live almost rent free in the immediate suburbs. The house in question is on for $435,000, 1,750 ...