Jay Shah
California Need advice for property without permit
I would like to get advise on if any disadvantages or things to beware of if I am buying property where 1 bedroom and bathroom is created separately on lot with separate entrance ‘without permit’ . So any problems Leg...
Charlie V.
FHA Loan for Multi-Building Multi-Units
Hello everyone,I apologize if this is a newbie question but this is my first post after days of research. I am looking at using the house-hacking trick for a first property in the WV-MD-VA area and am finding it diffi...
Raymond Hill
Vinyl Siding a 3 unit Property
Hello BP Community, I am going to see a property this weekend. I drove by and notice that the siding needs to be painted. I was talking with a contracter who said that your better off vinyl siding the property for les...
Ramon Wilson
Does it make sense to buy units with more than 1 bedroom?
I'm looking to invest in a supply constrained, rent controlled area with good rent growth (eg, most major west coast cities). I know in many non-rent controlled (or over-supplied) markets investors typically prefer lo...
Ceasar Rosas
House hacking!
Hi Everyone, I'm currently living in one unit of a 2 family home with an unfinished bsmt. I own this home. A few details, home is worth about 440k-450k, monthly PITI is about 2700. My rental unit rents for 1550. My qu...
Jonathan Schooley
Financing with 0% APR Cash Advance
My credit cards usually offer the opportunity to transfer balances or take cash advances with 0% APR for 12-18 months for a one-time fee of 1-3% depending on the current offer. How come I never hear of anyone using th...
Katy Nguyen
which approach is better?
Hi everyone. Which case would be better for you if you were the buyer? To record this property sold at $50k or at $110k?Case 1: The seller wants $50k in his pocket after COE. He owes $60k for a lien on the propert...
Alexander Vitro
What makes a good market analysis???
I'm racking my brain trying to think of all of the elements I need to include for a good market analysis for a flipping and buy and hold strategy. So far I have: Demographic trends, crime, property prices, rental r...
Juan Soto
Corporation vs Personal Ownership of Rental Properties in Canada
Hello BP Canada!
I currently have 12 doors which are personally owned 50/50 by me and my partner. We are thinking of transferring them to a corporation and are doing some research to evaluate the advantages and disad...
Dessa Patton
Paying of properties
I am still a newbie in research mode and I was talking to a family member who has a couple of rental properties. They paid off their properties early and didn't hold the mortgage for the long run. Is this a good idea?...