I'm looking at a multi-family deal involving 4 units. All units are rented but one of them is rented much higher at section 8. Three are about $800 per month and the section 8 is at about $1000.
When doing the inco...
Hi BP. Looking at a 5 unit, would appreciate some thoughts if you have them.5 units, all 2 bed / 1 bath:Purchase Price: $275,000Mortgage: 30% Down, 5.15% on 20 Year AmortizationTaxes: $2200/yearInsurance: $2000/yearM...
I am a retired military officer, disabled vet (10 year Terminal Attack Controller during my enlisted years--destroyed knees jumping out of planes), and 30 year real estate investor. Did I mention my knees are bad? S...
Hi Everyone, I currently own a Duplex in Wauwatosa. This was done with an FHA loan in 2020. I refinanced out of that in 2021 thanks to the market going up so much. Which made me eligible to do another FHA loan which I...
I have upwards of 150-180k in equity from my personal home I would like to use to invest in my first multi family but low cash on hand, HELP! I want to use it but am having a hard time getting full support from spouse...
I have someone interested in an apartment that has low credit score (high 500s, I require 675) and verbally told me about a declared bankruptcy about 1-1.5yrs ago. She meets the income requirement and has been with th...
A 3 unit building just came on the market in my area that I think looks promising. These are the numbers I got with the BP calculator with self managing. With using a PM the property is looking to only make about 4%-5...
My wife and I started an LLC and I've just emailed our lawyer to draw up a sales contract for a duplex. So, we're going for it!
I also just listened to podcast show 88 and they discuss software a bit. I've been loo...
My primary residence was a short sale I purchased a few years ago so I have built over $275,000 in equity built up. I also have an investment property rental with a mortgage and about $80,000 in equity on that. I have...
So I'm 80% sure I'm going to be doing a deeper dive into GA, but I have eyes on OK, TX, MD.Lately I've been trying to glean info using google-fu and reaching out to agents in the area.What resources are you guys using...