Hey BP,
Going to look at a couple of duplexes today. Can I use a VA Loan to buy both properties? They are being listed by the same owner. They fall under the maximum allowable limit for four units required by the ...
We're looking for a multi to FHA. I'm curious what the community thinks about this strategy. What are some of the pitfalls or problems we could face? Do the potential rewards out way the potential headaches?
HI BP community,I am looking to purchase 2 parcels. On 1 is 2 unit front and back duplex. The other one is 3 car garage and 2 bedroom 1 bath apt above. Both properties use the garages each unit gets one garage space. ...
Hello everyone,
I have come across a quadplex (2 for $550 and 2 renting for $650. all units rented with 8 months or more left on lease) been there, in excellent condition inside and out. good tenants. seller asked for...
I am in contact on a four unit property and have run into a possible financing hitch. Here is the scenario. Purchase price 75K. Rent roll is 2390 per month. The projected monthly expenses are @ 1000 per month, which i...
BPers:I had some questions I was hoping to get some answers in the forums. Here is my situation:Goal: I'd like to refinance my primary residence into an FHA loan. I owe $182,00 and FMV=$225,000Challenges I'm facing: m...
I’m trying to get my first BRRRR going and I’m running into a wall. My plan was to use a HELOC in my current residence to get the ball rolling. Its a custom 3 piece manufactured home built in 2001 but it’s not conside...
BP-ersOn Friday I purchased a triplex in a C neighborhood. There are 3 units and they are identical 2/1 no washer dryer / dishwasher / disposal. They are simple, 900 sq ft. New A/C, 5 year old roof, no differed mai...
In the recent BP podcast EP 250, Grant Cardone responded to Brandon's fire round "1031 exchange" question with a cryptic response. GC mentioned something about 'the six months being the important part' with a cheeky, ...
I have an active fully renovated vacation rental in a great Oregon wine country area with lots of equity. I'm about 10 years from retirement. Should I sell for the equity, keep it as is, or keep it and refinance? The ...