All Forum Posts by: Account Closed
Account Closed has started 5 posts and replied 5 times.
Post: FHA requires employment in state?
- Posts 5
- Votes 1
Hello everyone! So I'm trying to get a fourplex using an FHA loan. I live in CA but planning on looking out of state to start my portfolio. I'm aware of all the rules regarding an FHA, having to live in a unit for a year, taking into account PMI, etc. A lender recently told me that I had to have employment in the state I'm trying to purchase a property. So if I'm looking at Nevada for example, I'd need to have a job in the state? Is this true?
Anyone have any recommendations to a reliable real estate tax accountant based out of Los Angeles?
Post: Buying process/ can broker represent me?
- Posts 5
- Votes 1
Hello everyone, I come from the single family space and was wondering how the process is to buy multifamily compared to single family. Am I able to have a broker write a contract for me or do I need to do this on my own?
Post: Multifamily investors in LA?
- Posts 5
- Votes 1
Hello everyone! Are there any investors on here based out of Los Angeles who invest In out of state small multifamily properties such as Arizona? Would love to connect with fellow investors or individuals who want to get started investing in fourplexes and scale to larger properties overtime.
Post: Post Covid LP returns?
- Posts 5
- Votes 1
Hello everyone, before Covid I was analyzing deals from various syndicators and when Covid hit I decided to wait it out before investing money into a syndication. What kind of returns (CoC, EM, IRR) are you syndicators expecting to give to your limited partners POST Covid? Does 8% pref still exist? What kind of returns can I expect in a 5 year old and a 10 year hold?
Thank you for your time