I just inherited a property in Wilmington, NC which I would like to use as an investment property. The property does not have a mortgage. I need to make repairs to the home prior to renting it out (~$15,000). I am loo...

Key Points

-Duplex- FHA=3.5% down. Conventional= 15% down minimum
-3-4 Units- Must be FHA and pass the self-sufficiency test
-VA Loan- Zero down for 1-4 units!

Action

-Connect with an investor friendly lend...

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Kihei.

Purchase price: $831,725

Cash invested: $85,000

Contributors:
Josh Conlan

First property (hopefully...

If we sell the two houses that we just rehabbed, put all the cash we get from that as a down payment on say 5 multifamily houses, would our taxable income be $0? How do we achieve that?

My sister is looking at a mulit-family home outside of new york.  She will live in one side.  Can someone tell me how to analyze this type of deal?

I currently have more equity than I owe on my mortgage, however I have a bad personal credit score. This has been a thorn in my side trying to access the equity. I am unable to qualify for a refinance, HELOC, loan, et...

Hi everyone,I'm originally from Austin, TX (where real estate is exploding right now), but I've been in Phoenix for the past year and a half. Now that I've just started a new job here, I figure I'll be in the Valley o...

I am looking at 2-4 unit properties that are currently tenant occupied, and would be using an FHA loan to purchase. I know that I must be an owner-occupier to qualify for the FHA loan, but how long after purchase w...

Hello BP world!! I am looking to finish my basement I am building two rooms, is it necessary for me to pull a permit? If not what is the point for pulling a permit?

I need some advice on how to best use a 250K HELOC.

Background:
I live in the Washington DC suburbs of Maryland. Bought my starter house in 2014. My wife and I thought we would stay for a long time so we renovated t...