I found a property on auction.com that looks like a steal of a deal. Two problems: 1) There is no access before bidding/purchase, 2)It is still occupied, so I can't go peeking through the windows.My question is, if ba...
Today I submitted my first offer! The property is a Duplex posted on the MLS for $235k (I’m willing to pay full price although i did submit the offer for $220k to see if they’ll bite).Both units are 2bd 1bth and are o...
After calling a few commercial mortgage brokers, I've realized that the game changes after 5+ units.
My experience has been with 2-4 units. Lending on it is pretty easy/straightforward. You want a 30-year fixed loa...
Hello,
I am a new investor and I am looking for advice on what to do with my second investment property (House Hack / BRRR). Specifically, I am weighing my options and trying to figure out if I should keep my proper...
Greeting BP community,
I have a question about the 1031 exchange
I understand the main concept but I am having trouble wrapping my head around the mechanics.
My situation: I currently own a duplex that I have lived...
I am interested in using my current primary residence as my first step into building a rental portfolio as it is on a good trajectory of increasing value and I have a desire to relocate to another area. I am consideri...
Good morning BP community.
My fiancé and I are going to be purchasing a duplex owner-occupied property in Austin, TX this Fall. A few questions I am looking for some advice on from this community.
1.) Currently cons...
Hello All. The past few months I have been doing much research in rental properties and wish to buy one soon. I currently live in the Twin Cities but am looking to relocate to San Diego area if all goes well with my j...
In August of 2013 I bought a duplex and did the whole "owner occupied" bit. So far it has worked out great and I will be moving out shortly. With that being said I decided I should probably evaluate my insurance needs...
I figured it was time to just raise my hand and see who wants to connect. My two biggest goals in the next 6 - 12 months are to a) move to the Westerly area of Rhode Island and b) find some multifamily properties in ...