April Savoie
considering a 100 yr property for a first rental.
listed price is 60k, 3bd 2ba. Logansport, in 46947. i plan to do a live-in fix up & rent out in the spring. no major rehab needed. just some cosmetic upgrading. i expect to rent it for $850 a month.
the majority...
Cole Felske
Canada FTHBI Plan? Less money down for shared equity?
I'm curious if any Canadian investors used the First Time Home Buyers Incentive (FTHBI) plan for their first purchase. For those that don't know, in its simplest form the government contributes to your down payment fo...
Scott Rucker
How much equity to give a property manager?
I’ve got a small multi-family deal and they guy that found it wants in on the deal (we have partnered successfully before). It doesn’t need much work and is fully rented (at about $100 or so under market rents). It’s ...
Rich Zellmer
Insurnace for 3 family LLC - Amtrust - costs way up.
I own a three-family rental property in Hoboken NJ that is owned in an LLC. Policy for this property is pushing $5000 with a ~1 million replacement value $1 million liability. My other properties are owned personall...
L R Wadsworth
Quit Claim Deeds, Can they be cleaned up?
After doing a little bit of research via public records, I don’t see any break in ownership or issues with the deed of a vacant lot I’m interested in. The realtor said the current owner has Quit Claim Deed that would ...
Connor Parker
House hacking with you mother inlaw
Question - has anyone tried house hacking with an parent/in-law or other family member? My mother in law currently rents her house and doesn’t have the credit or funds to buy, so I was thinking about buying a multi fa...
Michael Wilson
House Hacking Partnership
Hey Everyone!I'm looking for some advice here! My wife and I currently own our primary residence and are looking to get into multifamily investing. I just read the book on investing in real estate with low and no mone...
Mahesh G.
Commercial Loan or Conventional Mortgage for first 2 rentals?
Hi, I'm in the process of buying 2 SFHs as my first rental properties that I will be managing myself. I've spoken to a few banks and a portfolio lender and I'm having hard time deciding which route to take. Convention...
Nathan Wright
1st time home buyer IRA exemption w/o living in Property?
Hi fellow Bigger Pockets friends,I have an IRA (a rollover from previous employment contribution plans) that I would like to use in order to help with a down payment on a good opp multi-family property. Challenge is,...
STEPHEN YUAN
Georgia Title Insurance Rules Regarding Quitclaim
I purchased 50% ownership of a property in Georgia. My property was quitclaim to me by the previous investor. If want to sell the property, would I get into any problems with the title insurance company such as them r...