So I have been living in Atlanta for six years and recently was selected to be an air traffic controller. I am currently working at another federal agency while going thru the background check process which should be ...
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My wife and I are looking to move to Dallas, TX. Originally, I wanted to purchase a multifamily but there does not seem to be many on the market right now. Therefore, we are looking to purchase a home to move into fir...
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It seems like multi families are suggested as the way to go for passive wealth building....And it also seems like most multi families (4 units or less) are geared towards lower income. So what are you guys renting the...
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What underwriting rules do u apply when assessing mf complexes? I heard management is 10%, vacancy is 10%, what maintenance percentage, etc?
TIA
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Hello Bp friends, I am looking for a lender that is VA loan friendly. So, the issue I am having currently with all the lenders I've spoken with so far is that they are not willing to allow me to us my GI bill as addit...
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I am looking to do my first deal in the next year to start my REI career. I am planning to purchase a single-family home to house hack for a year then move into a 2nd property while renting out the 1st. My questions s...
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I am looking at a 10 unit building in Michigan. The owner wants $200,000 for it and he will do a land contract at 6% with $50,000 down a 5 year with 30 amortization. It is a mix of 1 bedroom and 2 bedroom. It is low...
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Question - would love to get a lender's perspective on this...We have 3 partners that each own a 1/3 interest in our "rental business", but we do not have a formal partnership agreement or an LLC or a Corp set up. So...
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I am looking to purchase my first property for 136,000. I was curious as far as what I should do or if I should even invest in this property 1st or look for something else. I am currently a teacher in South Carolina...
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Hey Y'all. I've been working hard to find the right investment property, and I think I have found the one at this point. It's not on the MLS - older gentleman is selling off his units. The cash flow is great. He is as...