Steven Fitzen
Using the VA to purchase a multi family property in Las Vegas
I am an Active Duty Soldier, my wife is currently staying in Las Vegas, where I'm from. I'm trying to use the VA Home Loan to purchase a multi family property in Las Vegas, and I know that there is some kind of stipul...
Doreen Arminio
FHA Restrictions
Hey,
I am in contract for my first multi family residence and will be using an FHA loan, owner occupied, 5% down. I have recently come across another possible deal but am worried that I will not get approved for ano...
Juan Gonzalez
Help with my first Real Estate Investment
Hello Sorry for my broken englishIm want to buy an investing real estate property, im a first time home buyer so qualified for the 3.5% downpayment. what would be my best options to invest? single family? quadplex? d...
Grant Bowman
Seattle Multi Family Seeker
Hello BP Community!I am a young professional looking to acquire a multi family property in Seattle. I'd like to take a swing at being a landlord and would love to chat with someone who has already gone through the pr...
Patrick Ketchum
Ogden Utah Multi
I'm looking at multifamily properties in Ogden right now. My problem is that most of them are 100 years old and don't want to deal with an FHA. I did find one property that would accept an FHA, it's only 60ish years o...
Petra M.
Pro Forma calculations. %-ages off Gross Rent or Operating Income
Do you use Gross Rent or Operating Income (Gross Rent - Vacancy Losses) to calculate your expenses?For example:$1000 monthly rent.8% vacancy$920 gross rent.Property Management 10%$100 or $92?
Michael Kennedy
Hello coming from Louisville, Ky
Hey everyone on BP. Currentlly I am an Instructor at a Middle Scholol. I've been on here for the past couple of months getting educated in REI. This is something I've wanting to do for a while and I am very much stil...
Devin Wilkinson
Should I get my realtor license?
My question is whether it would be smart for me to get my realtor license at this time. A little background on myself: I am almost 20 years old and go to the University of Tennessee in Knoxville, TN. I am currently bu...
Amy Zetzman
BRRRR value-add - subdividing a lot with 2 SFH
I've recently bought my first deal, which is 2 SFH on one lot. I wanted to use the BRRRR strategy, but I ended up getting a loan for 80% of the ARV. So the potential value add was already built into the loan. The a...
Jacob Lawson
Newbie Real Estate Investor in San Antonio
Evening everyone!I’m Jake, been here for 2 years now and have decided that I would like to give landlording a shot in a single or multi family property that I would also be living in. I’m always hopeful for the magica...