My aunt is loaning me cash to buy a property. I have two years to pay her back. She's charging me 0% interest. My plan is to rent the property until I can refinance it through a bank with payments to her along the way...
I would like to hear how other landlords handle HOA rules in their contracts, especially violation of rules by tenants. We plan to include a copy of the rules/fines for violations in our contract. Fortunately our...
I own a home in an area San Diego, CA where process are starting to increase. My home currently is valued 365,000. Others in immediate area on same street or 1 street away are valued at 400 or more. My home has bee...
My neighbor is selling a duplex that currently has both units occupied. She charges $1750 a month for each unit ($3500) which includes water and heat. She's askin 299,000; however she only owes 265,000. Minimal repair...
Hello,Since both refinancing and HELOC are both expensive at this time. What would you advise to someone who has 500k equity (post taxes and fees) and 500k with a low interest rate of 2.5?Is it possible to redeploy 50...
Two weeks ago I closed on a distressed large SFH in a small town 1hr from me. My plan was to rehab and resell as a SFH. Now I've learned there is good potential for converting it to a triplex. It's a 2300sf two story ...
Hi everyone,I'm trying to buy my first deal here in the States with an agency loan (Fannie Mae or Freddie Mac). It's a 30 unit apartment building in Oak Forest, IL (suburb of Chicago). 8% CAP, stabilized property.The ...
Hi BiggerPockets community!
I have recently been listening to lots of podcasts and reading books on real estate. I have began to analyze potential properties using a spreadsheet that I created.
I would love if some...
Thinking about investing in a multifamily units and wonder if we should consider new construction vs. buying a pre-existing unit. In a strong rental market for both annual and seasonal. There are limited used & ...
Hello again all,Looking to jump into bigger multi family. So far we have a couple triplexes, a duplex, and some sfh. Ideally, and where we're at financially, I'm thinking 10-50 units would be a sweet spot where we're...