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Results (10000)
Alexander Scher Underwriting MTR for DSCR Loan
10 November 2023 | 4 replies

I'm interested in getting into the MTR space, and I want to use a DSCR loan to finance the rental. What're some tips for underwriting a MTR (or even STR) if you've never owned one? It's easy to estimate rental income ...

Shawn Adderly Converting Basement unit to legal third unit
7 August 2023 | 10 replies

I recently bought a multi-family property in Chicago. I am looking to have the basement be made into a legal third unit. I would like to have the basement redone to have a separate heating system from the 1st floor un...

T. White Should I pay off an investment property?
25 October 2022 | 17 replies

My husband passed away tragically 7 weeks ago and I now have insurance money to pay off our investment condo that we owe $115k at 4.1% interest (733 a month)  We have a tenant in there and it pays for itself but I’m w...

Darby Smith Commissions to realtors and how you pay them
28 November 2023 | 4 replies

"Industry standard" seems to be that you pay a percentage of the total lease to the realtor that found the tenant, for the full term of the lease, and that is paid up front.
Why?  Why do we do this?
Most of our prop...

Kenji Tominaga Conventional loans for primary house
25 January 2024 | 8 replies

Hi,I'm currently looking into Philly market and shopping around the financing options.My scope is as follows;     - I'm based in NYC, and moving into this Philly property might be a tough decision (I need to commute t...

Nicholas Smith Inherited Tenants Tips?
21 April 2020 | 11 replies

Hello fellow BP members! I have been looking at small multi’s in my area to get a feel for the pricing in my market and see what’s available. I will be going for an owner occupied scenario for my first property (house...

Tyler D. Multifamily in San Francisco?
4 October 2020 | 7 replies

Some friends and long-time roommates of mine have decided that we want to buy property in SF, and eventually decided on multifamily as it looks like we'll get the most sqft/$ that way, as well as individual units.
Ou...

Chris Jones Hard to find deals in NJ
19 August 2015 | 25 replies

I work in NYC so I have been searching for duplexes and multi-family homes with the idea of renting one unit out while occupying the other myself in areas with a decent commute. It seems the only areas where ther...

Account Closed Do's/ Don'ts of Raising a Fund
13 March 2019 | 3 replies

I am looking to set up a fund to invest in a specific multi family property with the intention of holding long term. I would like some guidance as to how best to present to inexperienced investors.  Then, more specifi...

Jack Hamm What should I be sure of before starting?
15 September 2023 | 11 replies

Hello BP, I am interested in househacking and I feel as though I am not ready. I feel like there is more information that I need to know before I am able to go all in on real estate. I've been browsing the forums and ...