Hello All,First of all, thank you for such wealth of information in this place. I wanted to know if any of you have invested in properties outside of your state? I am from NY and investing in properties here is very e...
Im about to househack a duplex where basement is shared and one outlet for washer and dryer. I would like to charge a monthly fee for the other unit but what if they deny but end up using washer/dryer while I’m gone?...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $135,000
1/1 per unit Duplex
What made you interested in investing in this type of deal?
It was a t...
I'm looking to take out a HELOC on an investment property as it has appreciated quite a bit throughout the last few years. My mortgage broker mentioned that going to a local bank/ credit union would be the best option...
Seller wants 10 days after closing to move out. More specifically, if we close on the 21st, they want until the 1st of the next month to move out. Or if we close on the 3rd of the next month, she wants until the 15th ...
Hello Friends, It's been a pleasure following the podcast for some time now. My girlfriend and I recently closed on our first deal. It was a multi-family in Haverstraw NY. We are super excited! It's a waterfront prope...
When you buy a single family or small multi, lenders require good credit, and enough income. On the other side for commercial loans they require experience, net worth and good credit. What exactly do they mean when th...
Hi All!
What is the difference between a FHA 3.5% loan and a conventional loan putting 5% down? From my understanding the FHA has more fees?
Is a good strategy to buy a fourplex with an FHA loan and then after a ye...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $103,000
My first deal! 3 family in need of some rehab. Exterior in good shape, interior needs updating. I cl...
Hello Everyone! My name is David, a military service member currently out of the Seattle, WA area, though I am soon relocating to Annapolis, MD for my job in the next month or so. I've been listening to BP for a while...