Hey BP,I am looking into purchasing a $170,000 duplex using an FHA loan and house hacking. The duplex is a bank foreclosed REO and I think the asking price is about where the home is valued at. It is located in a ni...
HI,
my tenant has asked me to rent the garage in back of my multifamily property, I want him to use it only for storage, does anyone have any suggestions how to structure such a lease, or has such a lease form?
Th...
Hello Everyone,
My name is Ben and I am new to this site. I rarely post any type of message/review, but this site has been very informative and loaded with valuable resources with different people across the country...
We're getting closer to pulling the trigger on our first buy/hold deal and as I run the numbers with multiple financing scenarios, they just don't look right. Once I factor in the costs of financing/investment basis e...
What would you recommend to someone that's looking to start flipping/rehabbing with only $10,000?
What types of loans are available for the actual rehab of a property, and what type would you recommend?
What are a f...
Hi AllWe are under contract on a 4-plex and I am shopping for Loan options. The purchase price is $415 K and we can put 20% to 25% down. Few brokers have recommended a 5 year Balloon loan but I want to explore the bes...
Hi gang,I'm excited to be here and to get wisdom from all of you. My wife and I are buying are first home in LA. We're "cash buyers" but behind the scenes, my parents are loaning us about 70% of the price.As part of t...
Hello BP'ers,
I've located a multi-family property not too far from me that i'm interested in. My plan is to purchase FHA and occupy one of the units. This will be my first real estate purchase. My intent is to hold ...
I am a relatively new landlord (1.5 years) and encountering my first major issue. I bought a duplex January 2021. The first floor unit had oil heat and I wanted to change it to gas. There was nothing wrong with the he...
Hi BP, I live in California and own a townhome in Houston, TX near my in-laws. I have had great luck renting it out with the help of a management company and knowing the area based off of the multiple visits a year i ...