Tyrone Riley
Newbie from Illinois-small town
My wife and I are starting down this road. Our strategy is to buy local to start. Our budget for investing is about $100k cash each year and an additional budget of $3500/month that we are transferring to our llc. We ...
Cayla Farley
Refinancing to a conventional loan after only putting 5% down.
We purchased a duplex that we are living in so we qualified for a WHEDA loan for only 5% down because it’s owner occupied. We have now found another property(4plex) that we’d like to owner occupy again getting a FHA l...
Jonah Wilson
Can I assign a land contract?
I have come across a deal that seems promising. The owner wants 17k for his sfh and will finance. After researching I noticed "7k in delinquent taxes". The value is 26-27k, with that being said my partner wants to off...
Dominic Augustine
FHA Loan- Can I get an FHA Loan for (2) duplexes on same TAX ID#?
So I am trying to utilize an FHA loan and trying to obtain a (4) unit property as, from what I understand, if I were to buy a duplex with an FHA, i would no longer be able to get a (4) unit FHA again, but would be abl...
Kayla V.
5-Unit Property but County Records say 3-Unit
Hi everyone. I'm looking at a 5-unit property. It's a house that has been split into multiple units but the tax records list it as a three family. How does this affect lending? Would this be a residential or commercia...
Kelvin J.
Move into my rental as primary then refi or HELOC?
Hi all. Having bought my first property as an investment with 20% down, and tied up all my capital, I now cannot afford a second property with the MLS prices as they are in my area. I am in the process of becoming a w...
Ricardo Cristobal
What type of Loans used for Small Multifamily properties?
Good day my BP Members,As a new REI i'm still learning the ropes of the trade, so from what I know, I can an FHA loan at 3.5% down to purchase a small multifamily property. MY question is, Is it possible to use a Conv...
James Kojo
Metrics for Supply and Demand and where to find them?
When I'm evaluating a sub-market, what are some good metrics to evaluate supply and demand for rental units? Where can I find that info?For example, I know that building permits are a proxy for future supply, but what...
Adam Gonzalez
Search For Lender - 2nd Home Loan
Hey BiggerPockets Community!I hope everyone is having a great week! Currently, I am on the market for a 2nd home loan. My goal would be to utilize the property as required by the loan and rent the property out the oth...
Joseph Chacko vellukunnel
soundproofing floors for a multi family
Hi,I'm remodeling a multi family home that I recently purchased. I'm about to install drywall and floors and wanted to check if anyone had any good ideas on soundproofing.The home is a 3 family across 3 floors, with w...