So my line of credit of 140k just closed. What are some ideas on how to use this in terms of scaling my rentals properly
For the sub2 experts out there.. do you normally have the mortgage holder add you to their insurance policy OR do you purchase a separate policy? Also, assuming the seller doesn't have a payment book, how do you gain ...
Should I incorporate before buying first property?
Has anyone worked with a lender that offers second/vacation home financing on small multi-family properties (2-4 units)?We've been pre-approved for a second home with Navy Fed but they only lend on SFRs for vacation /...
In most of my buildings the tenants pay for their own utilities. However, in one of my multifamily buildings (24 unit) I pay for both the water and heat (gas) which is costing over $55/month/unit. It isn't cost effe...
My ex-wife and I co-own a duplex in Providence. We're both on the deed but just I am on the mortgage. I haven't lived in the house since we separated at the beginning of 2022, and she has continued living in it, manag...
Help! My wife and I just put down some earnest money on our first Duplex in Wisconsin. During inspection it was found that the upstairs bathroom toilet is not working (plumbers came and could not fix it) and the was...
Greetings! I am excited to jump into REI! However, I wanted to know how much do I need to know about being a landlord before jumping into a multi-family property. 1. Best way to introduce myself to the tenants? ...
Hi BP Contributors!I had a question about something I've seen posted a few times about people purchasing 1/2 of a Duplex. Is that common? I thought in general, that when purchasing a Duplex it was for both sides, but ...
Hi all, We are thinking of buying a 2 story victorian at the edge of a flood zone. The house will require us to get flood insurance as the owners. We want to rent out the ground studio unit to tenants and were wonderi...