I'm beginning my real estate investing career this year, and want to go straight into multi-family income property investing. My goal is to double my units each year for the next 5 years with the long-term goal of re...
Good Evening,My friend and I are working to partner up on our first deal. Location wise, we are looking at the Northern and Northwestern Chicago suburbs. We are working through setting up an LLC. We're also each getti...
For those who don't know, I am in the market for my first primary residence. I will be buying a 4-plex using FHA 203k, and will be occupying the unit for a while. However, the more I think about the way the process wo...
I am a Real Estate Broker and I have been crunching numbers on a deal for months. A year ago I purchased 6 office condos below market value, renovated them, and rented them. I also occupy one unit and partners occupy ...
I am currently in the process of acquiring 10 investment propertiesthat will be in my name and under my SS#.All of them will have 20% or more equity.I've read that there are either banks or individuals who will refina...
I am working on a deal in Atlanta with eight town homes on one property. So far, I can not find a bank that wants to touch the loan. Purchase price is $250K, and we plan to pay 25% down. Any ideas of how to get thi...
Hey ladies and gentlemen, I am basically ready to make the leap, have all finances in order, great team (attorney, bookkeeper,CPA, Broker, etc.) and have been looking into residential multi-families in Northern CT, an...
Hi All -
Apologies if this has been discussed 10,000 times before, I searched the forums and struggled to find an answer to my exact questions. I plan on speaking to an accountant closer to tax time, but figured I’d ...
Howdy Guys!
I though the rules (fani and freddi) are if you hold 10 properties you can no longer qualify for more. I bought 20 at one time under a commercial loan so I could meet the deadline of the sale. This was my...
Hello BP fam.I have a 4 unit multifamily in Myrtle Beach that I own outright. There are no existing liens on the property. However I purchased this property using a LOC on a long term stock account that I have. I am t...