Christopher Munn
Can't Understand This Deal. Expertise Welcomed.
BP Community,I recently came across a deal in Ohio for over 100 units and need some help on it. The property is 50% occupied and currently doing about 80k in NOI (Seriously Underperforming). Cap rates in the area can ...
Kayla C.
Pre-Qualifying for a FHA Loan
Hi all! I am looking for connections to a lender that will use projected rental income as a portion to qualify me for a FHA mortgage. This is allowed under Fannie Mae guidelines but I am having a hard time finding som...
Jason Bigelow
Lowest % down payment when living in 2-4 multifamily property
What's the lowest down payment on a conventional loan when purchasing a quadplex that you will be living in? I'm a beginning investor and my bank is saying I'll need a 25% down payment but I was under the impressio...
Ryan D
FHA vs. Conventional Loans
I'm hoping to get some people's opinions on FHA vs. Conventional Loans. It seems that in the long run (assuming one can afford the higher down payment, closing costs,etc.), it is better to get a conventional loan? How...
Nichole Menzies
Help Evaluating an MHP park w/13 RV LOTS
I am evaluating a 40 Mhp park of which 13 of the lots were converted to RV pads and have RV owners on them. Not sure why the owner converted them to RVs but.....is it very expensive to convert them back to a trailer p...
Lou LaMedica
Business Owners "rent-hacking" commercial property?
Are there any business owners who own their commercial space and "rent hack" the additional space in the building. My lease for my commercial kitchen is up in 4 years and I would like to learn more about this strategy...
Rocco Grossi
First time home buyer for duplex
OK so I have been doing a lot of research utilizing BP, real estate agents, and mortgage lenders. With a mortgage being $1,000 or more, how does anyone generate cash flow with that? I've done numbers on a few properti...
Elijah Householder
Buying a SFH with a rented ADU that is un-permitted (First time buyer)
Hi all,
I hope everyone is having a good weekend!
I am newer to this forum so apologies if I am posting in the wrong place but I have a couple questions about purchasing a SFH with an un-permitted ADU. This is my ...
Dan Naughton
College Station TX - Luxury Town Home - Buy and Hold opportunity
I'm thinking about a buy and hold opportunity for a luxury town home 2 miles south of Texas A&M University in College Station TX. I understand CS / Bryan TX are low income areas, but A&M is growing every year...
Kat Rathell
Condo insurance policy
We are in the process of buying a condo to rent it out. I contacted our insurance agent for a landlord policy on the condo. They said no problem. But the policy documents list us, the owners, as occupants and instead ...