What should be in this packet after purchasing a multifamily?
I have purchased my first property this year in February. It is a duplex that I am house hacking. I have had a steady paying tenant for 7 months. Despite the small preventative maintenance and home owning surprises (...
I want to purchase a home, and want to know if it is possible.I have not had great credit in the past but currently have a 650 credit score. I have had late pays in the past, but have only 1 late payment on my credit ...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $75,000
Zillow listing. Realtor was in talks with Seller about bringing me to home as an investor. Seller wanted home...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $85,000
Purchased a 2-unit duplex from an out of state slumlord right after Covid hit. They were getting $600/mo...
Background details:
I own my property free and clear (appraised at 165k, have a 130k HELOC available for the down payment and closing costs, etc,) which I would pay off once the deal on the duplex is finalized and ou...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $48,000
Cash invested: $1,200
This was the first investment property I ever bought it's a two unit an upstai...
Hello BP, had few questions about partnerships. I have not done a deal yet, however I have people interested in partnering/investing in future deals. I just don’t know the best ways to structure it.
Say $100,000 dup...
I have $340K left on my rental mortgage and I'm refinancing it now.Got 2 options:1). 30 years fixed at 3.70% or $1,565 monthly paymentOR2). 10 years interest only at 3.65% or $1,030 monthly payment.I have no W2, so re...
So I'm running the numbers on a property that I found, and I'm trying to see if they make sense to you guys...
Assumed:
30 Year Fixed Rate @ 7%
Loan Amount: $25,000
M...