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I found a property that has a 3 units. 2 of the units are 2/2.5 and the other is a studio. Currently the owner is renting 2 of the units for 2400 a piece and living in the studio. I would be doing the same.The propert...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $168,000
Great pocket neighborhood.
What made you interested in investing in this type of deal?
Was previo...
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Hi everybody,
First time posting here. I have a question on financing a multi-family (duplex) with a partner, in which the partner will be living in one side. Can we still use a FHA loan if only he is living in th...
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Hey, I was wondering if I should take over my cousins mortgage. Here are the numbers -Current FHA loan is $104,000 with a 3.125 interest rate -House appraised for $170,000-current mortgage payment,insurance,taxes $736...
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Investment Info:
Single-family residence buy & hold investment in Nashville.
Purchase price: $189,000
Cash invested: $10,000
Past Primary Residence turned investment property. 1st one individual...
Seeking advice on how to apply and obtain financing first timer with little or no money down to buy property to improve on.
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Hey BP users,
Quick question, is 25% always required with a conventional loan on a 3 unit property? Does the percentage go up with a 4 unit also?
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Phila.
Purchase price: $192,000
Cash invested: $12,000
Owner occupying a duplex, no cash flow yet but will generate cashfl...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $105,350
Cash invested: $12
Purchase price - 105,350
ARV (structural repairs)- 140k
ARV (renovating) - 160+
...
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I happened to be perusing the web for financing and I came across this:http://www.sellingtucsonrealestate.com/blog/no-mon...But haven't been able to find anything else on it. Does anyone know if this is legit, or how ...