Hi guys,I am closing on a duplex tomorrow that rents our for $1850 a month. It is currently occupied by section 8 tenents whom have lived there for 5+ years. The home appraisal came in 30,000 more than what I am buyin...

Hello to all! I bought an investment property early this year. I also opened an LLC to house this property under. I want to quite claim the property to my LLC, but in doing so, the mortgage company can ask for the out...

Hello everyone,I have historically been dealing only in 4 unit and under sized buildings which has allowed me to work with traditional residential financing. I am now ready and currently getting ready to offer on a 16...

Hi there,I've been a fellow lurker of BP for a while. My wife and I have been doing quite a bit of studying, including reading a couple of books from BP members.So we started looking for multifamily properties as we h...

Is it legal and/or ethical for a title company to withhold transferring an escrow deposit to the new title company?  Or withdrawal amounts as they see fit from the deposit balance for fees they feel we should pay them...

Can anyone give me the format on leveraging 2 properties to buy a 3rd one? 

Need some advice, here are my scenarios.
Option 1 – Regular Saving/ No new action
Save approximately $7,000 per month. To reach the same $90,000 would take almost 13 months of savings.
Option 2 – Cash out / Buy q...

Investment Info:

Large multi-family (5+ units) buy & hold investment.

Purchase price: $945,000

Cash invested: $345,000

I 1031ed a single family home that I purchased in college into this 5 plex. ...

Investment Info:

Large multi-family (5+ units) buy & hold investment.

Purchase price: $945,000

Cash invested: $345,000

I 1031ed a home that I purchased in college into this 5 plex. My plan is t...

Hi there again,What are standard terms for snowbirds (canadians / international folks) in Florida who are renting for Jan-April?I have a possible client who says, they have paid month-to-month like a yearly lease for ...