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...
Jennifer M.
Electrical Updates
Hey everyone---Is it feasible to update the electrical in a house while tenants are living there and I'm not doing any other interior work? I have an offer on a property that is currently occupied, but the inspection...
Nicholas Kurowski
First Purchase Completed!!! Buy and Hold Duplex in Philadelphia
Good Evening BP,I have recently completed the purchase of my first Buy and Hold Property in Philadelphia.The property is a 2 bed/1 bath (ea. unit) duplex. The property was an estate sale and the listing agent happened...
Lalo Arenas
Eager to learn in Kansas City, MO
Hello, BiggerPockets!My name is Lalo and I've lurked here for a few months and realized how silly it is not to introduce myself. I've always had an interest in real estate but I was born and raised in Los Angeles and ...
Corey Bruyere
Multi-family House Hack vs Renting and other General Questions
I'm a frequent visitor and listener of the Bigger Pockets forums and podcasts. I'm looking for some insight on my plan of action to get into real estate investing, so please bear through the back story along with the ...