Hello folks!I am closing on my first package of multi-family properties here in less than a month.I will end up with 1 quadplex, 3 duplexes, and one 1br/1ba little block house.My question is how to handle my insurance...
Need some help, ideas, and creative inputs on a 2 property combo possibility.Looking at 2 duplexes for sale by one owner in CA. Both duplexes are corner lots and its backyard are facing each other. Although seller wil...
First time posting here, thank you for the advice in advance.I acquired a 6 family in Montgomery County PA in 2017. One of the best features of this property is it is one building but two deeds (3 apartments on each s...
Investment Info:Small multi-family (2-4 units) fix & flip investment in New Orleans.
Purchase price: $161,000 Cash invested: $10,000First investment was an owner/occupant duplex in New Orleans. Rented out ...
Hi Everyone,
In searching through the forums I have seen people say regularly that LLC is preferable to an S Corp for passive business income like buy and hold. My question is why?
I ask because I alre...
Looking for general information or advice on using DSCR Loans as a cash out refinancing. If you have used this option before or are a lender who has helped clients with this type of product please comment.
I am looki...
Hello BiggerPockets Community,I am looking to purchase my first real estate deal and have saved up about $150k in cash to purchase my first deal. I have been learning a lot about multifamily apartments and storage uni...
I've been researching potential markets in which to invest in multifamily properties. I've come across a market which has quite a few properties with CMX zoning. The properties I'm interested in are small...having 4...
I have 8 financed properties and fall within that difficult band of 7-10 financed properties with Fannie Mae that require 6% reserves of the unpaid principle balance. The reserve requirement has become prohibitive of...
Hey everyone,I'm looking to purchase my first rental property by the end of this year, but I don't qualify for traditional lending (I have a 750 credit score, but my last 2 years of tax returns look terrible). I'm thi...