Shawna Petersen
Has anyone heard of increased down requirements on a duplex?
Has anyone heard of increased down payment requirements on a duplex? Our lenders assistant failed to mention to him that the property we are buying is a duplex. We were heading to underwriting when he received the app...
James Caceres
Buying a second home to house hack
Hi everyone,
I want to start investing in real state and I feel like I'm in a good financial position to do it. However, I have limited knowledge and I feel like biggerpockets can steer me in the right direction.
I...
Tiago Rodrigues
Getting approved for a fix and flip
I recently bought a rental property that I’ve been living in and fixing up. But in order for it to be a rental property I need to move out and buy a new house to live in and fix up and rent out. But I need to get some...
Coia Walker
First Time Multi-unit Owner/ Househacker
Hello,
I just purchased my first multi in Baltimore that is fully rented at the moment. I'm not sure where to start. I will be living in a unit as soon one is available. I'd like to start by getting the locks chang...
Yong Park
Cost to form a SDIRA owned LLC
Hey folks,I have created a SDIRA locally here in Orange County. I will be cash funding the SDIRA through a roll over from another qualified plan. I need to create a IRA owned LLC in California. How much should this...
Jeff Hornberger
Commercial lending requirements for a 5 unit located in SF zoning
HI BP friends, I need some insight. Im currently about to list a 5 unit apartment building for sale in Spokane WA. The property is an ex adult family home that has been converted 10 times over. It sits on 2 acres and ...
Amedeo Conta
Why use a local bank for a heloc?
Im getting started investing in rentals. My wife and i plan to take out a heloc on our home that is completely paid off. We are planning on using the heloc money to build an appartment in oir basement and have a renta...
Darel Ison
Studs down Buy and Hold Duplex in KCK
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Kansas City.
Purchase price: $100,000
Cash invested: $105,000
This one was my BRRR from hell! Beware that in KCK, the coun...
Zachary Freeman
Purchase Property before Subdivision Approval - Assessing Risk
I am interested in a large R1 lot in Torrance, CA. The property is zoned R1. It has 1 1400 sq ft home and 1 700 sq ft home. The status is legal non conforming. Lot size is 17.4k sq ft; average R1 lot size is 5k-6k sq ...
Account Closed
Minneapolis- Landlords Dream or Home Owners Nightmare?
The city eliminated all single family zoning and approved multifamily throughout the city .Read on
https://www.inman.com/2019/10/25/minneapolis-has-officially-eliminated-single-family-zoning/?utm_source=dailyheadlin...