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I've seen different opinions on finding homes to house hack: look for small multi-families, find homes that have finished basements / or ADU, find homes to make a duplex out of OR don't do any of the above. For a firs...
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Scenario: An REO foreclosure lists for $400k on the MLS. The property appraises for $800k. Will a mortgage lender give me an amortizing loan at 75% LTV (i.e. $600k), based on that appraisal, to (A) purchase the proper...
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Hi all.
I am a new investor looking to get into the market. But I need some advice.
I am in the Grand Rapids, MI area, which is an incredibly hot market right now. Properties are gone in a matter of hours. I am cu...
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I need an opinion:
Do I create an LLC that is solely for wholesaling such as We Buy Houses LLC or do, I create a general LLC for all real estate services such as Lakeshore Realty LLC? And do wholesale deals under Lak...
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I just got an email about my application for the SBA economic disaster loan. It appears they have changed it from being a $10,000 advance, be being $1,000 per employee pre-Corona up to $10,000. I think they are trying...
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Hi all!I am a San Diego, CA investor with a fourplex and looking to add more. I would like to find a good landlord/property owner association that can help with legal advice and leasing forms. CA Association of Realto...
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Hello! I'm moving into a SFH in a few months and am trying to decide what to do with my current house(LTR,STR, or sell).Background: I purchased a 2/2 1700 SF house with a 1/1 carriage house in 2017. I live in the main...
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So im looking in the DMV and Baltimore area for multifamily properties. I noticed that they aren’t as common in this area (Baltimore and DMV investors please let me know if im wrong) How difficult is it to turn large...
After buying a property in 2015 i subdivided the lot. I've kept the original original house and lot as a long term rental. In July 2019 I started new construction of a single family home on the subdivided lot. Constr...
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Hey BP Family,I finally purchased my first property and we are excited to meet our goals. The lot has a main 3/2 House with a detached garage and above the garage you guessed it there is a 1x1 Studio. Main house has a...