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I recently have had the chance to buy a dream property of mine as an investment opportunity. This is a house I lived in while in college and I have had my eye on it every since. The owner recently reached out to me wa...
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I am unfamiliar with how to formulate a owner financed Lease Option to Buy contract. What are typical terms of the contract? How are commissions and closing costs typically paid? Should I use a third party to hold the...
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Hi everyone ,I am new here at Bigger Pocket. Since early October, I have read articles on BP and collect as much knowledge as I could to purchase my first property. The goal is to buy a duplex or triplex to house hack...
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I'm looking to do a live-in flip and the Fannie Mae HomeStyle loan looks amazing to me. The catch for me at the moment is that I have six months left on my apartment lease. However, in reading the Fannie Mae materials...
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Hey BP fam!So I currently have a property that I have rented for almost two years now. Long story short, the lenders I have been speaking to only offer 70-75% LTV as to which my rental is not currently at. The idea wa...
My company purchased an 11-unit multi in January. We were able to increase rents by 40%+ and have signed lease agreements in place with full occupancy. We would now like to refinance the unit based on Income valuati...
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What would be the perks of using an FHA loan to househack on a multi family home (duplex-triplex)? There's the lower down payment but that makes your mortgage higher, you have to pay the the PMI (I forgot the term on ...
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Hello, If I were to purchase a multi-family unit out-of-state (it's included in my LLC), I would want to have a Property manager for it. So, when it comes to bills like Property taxes, City fees, sewer, ect..how do I ...
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I have had the power of investment momentum pushing me to quickly multiply my portfolio (quick for me, relatively normal acceleration), went from 1 STR 2 years ago, to 3 units last month now close to units 4-7 hopeful...
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Hello,
Does anyone have suggestions on the best way to disseminate applications, leases and other paperwork (notices and such)? Do you guys use paper copies for everything, or docusign, etc. Are there apps that help ...