Hello I currently live in Northern Virginia. From NYC originally. I travel back and forth between the two a lot. I’m looking into multi-family investing after I just sold my SFH in Staten Island, NY. Made $200,000 pro...
Hey All, I have a question on what is typical when it comes to preferred rates of return. I am running out of my own funds and have engaged an attorney to set up my first syndicate. I am noticing a standard in the fee...
Hi All,A newbie here just beginning to wrestle with a lot of these concepts. I've got a deal analysis question about a buy-and-hold rental property. I'm practicing Brandon's "Four square" method on a bunch of differen...
Say I use an FHA loan to buy a multi-family home (4 units), and I live in one of the units for a whole year, as required by the FHA.
Am I allowed to rent out the other units while I'm living there, or do I have to fi...
I'm currently a senior in high school, and due to the Covid-19 pandemic, I found myself working 40 hour weeks in a warehouse making medical supplies instead of finishing my year in school. I am not looking for pity ho...
Hi Everyone!My name is Jeremy ChristianEmil Oneal Manuel Ocampo Pinlac (don't worry, I just go by Emil) and I'm pretty excited to have finally made the jump and created an account here on BiggerPockets! I'm so incredi...
Yesterday, the U.S. House of Representatives passed H.R. 6800, the Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act. The bill, while intended to provide further relief to the American families and...
Investment Info:
Single-family residence other investment.
Purchase price: $6,000
Cash invested: $9,500
Sale price: $97,000
Simply a buy (via a down payment and promissory note at $500 per month ...
20 site Mobile home park List price - $375,000Cap rate - 10 No park owned homes - all site rent 14 occupied with potential upside of 6 sites to move new homes onto$350 per month site rentPark pays water /trash8 a...
Hello, I am looking to purchase an 4plex and use a fha 203k loan to renovate. After the renovation I would like to do a cash out refi into an 80/20 conventional. After this is done can I apply for another fha loan and...