Matt Lawrence
A Rather Complex Situation
Hopefully this is in the right forum but there is really no clear cut topic for the situation me & my business partner are in.
In April of 2012 me & my best friend, who is also an RE agent, started ou...
Bryan .
How to proceed with HUD home...
I found a HUD home that appears to be a good deal. The FMV if in good condition (according to my comps) is about $125,000 - 130. It needs about $25,000 in repairs. HUD has it listed for Owner-Occupied at $85,000. It i...
Eric Pirozok
How important is equity build-up?
I have a rental property that produces $100 of positive cashflow. If I apply an extra $100 to my principal payment each month I will payoff the mortgage in 25 years instead of 30. What is more important? Paying off my...
Matt Pitschman
Plans for getting in to buy and hold
So, my friend and I have been researching real estate investing on and off over the past six months. We both have full time jobs in the pittsburgh area and are in our mid twenties. We like the idea of investing in ...
Christopher T. Murray
Raising rent on tenants after acquisition
Hello Everyone,I have found a 3unit property that I want to buy. 2 units are occupied by long term tenants who are paying far less than what they should be per month. The current owner has not raised their rent at all...
Joshua Musquez
Should I get an LLC for my first deal
Evening BP!My fiance and I are looking to get into multifamily homes. we are going to house hack the first few since we are just starting in our careers. Our biggest discussion we have is before we buy our first deal ...
Noemi Contreras-Woods
Pension Plan Withdraw vs SDIRA to purchase Multi-Family
Hello!I am fairly new to the forum but have been quietly following some of the post. My husband and I are in the process of buying our first investment property, a multi family short sale in Puerto Rico. The plan is t...
Carlos C.
House hacking question
Hi everyone!I have a question about house hacking.Let's say I bought my first Duplex with FHA and I'm going to live in the unit for 1 year.What's the procedure to buy a second one and repeat the process?Do I have to r...
Frank Teshima
Using private lender's HELOC to fund 100% purchase price.
Hey everyone, I have found a potential private lender to fund my deals, and i am wanting to use their HELOC to purchase 100% of the property. I am having a hard time trying to figure out how they would make money. I a...
Luke Petro
The man won't let me house hack (for the moment)
Hello!
Two and a half years ago, I bought a multifamily with an FHA loan, lived in it for about a year and moved out.
Then last summer, did the same thing, this time with Home Possible.
I was planning to get anot...