BP!Working on my first duplex deal. I am shopping around for conventional loans and am curious what I should expect as far as closing costs. What is typical in Colorado? Is there a basic percentage I can work off o...
I was presented with an opportunity to buy 6 single family rentals (all in the same location, but out of state for me) as a portfolio. Each had been purchased and renovated to rental quality by the same owner 5 years ...
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I got a quote from a wells fargo loan officer stating the closing costs for a 203k loan was going to be 8k on a 105k loan. This seems really high to me. Am I wrong? Help me BP!
Any and all input is welcomed on this specific example. This would be my first purchase of any property. I have found a multifamily property I am interested in. I saw the property today with a realtor and met with the...
I've got a short sale listing in Oviedo, FL that I'm having a problem getting a buyer. The home is a two-story, 2563 sqft home near the University of Central FL. The home needs work, as the seller couldn't afford to ...
Hi BiggerPockets Community,
I am about to sell my first renovation project where I remodeled the basement into another living space (there is also a separate entrance to the basement). I'm located in Portland, OR an...
Has anyone tried house hacking a SFR, renting out the rooms to airbnb guests? I looked into it, and with the garage converted into a studio apartment (for myself to live in), a 4/3 could be cash flowing about $1000+ a...
Hi everyone,
I'm currently shopping for loans for a multifamily househack. Looking at both FHA and low down conventional.
I first went to my local credit union and the best they could do was approve me for 5% down c...
I’ve had two dealings with wholesalers the past month since I’ve gotten back into investing and both times it didn’t seem to be a good deal. In fact, I purchased a better deal two weeks ago straight from the MLS. Th...