23 November 2021 | 8 replies
I'm actually looking at doing another sooner than later as my work has me moving north of where I am.
23 November 2021 | 9 replies
This is roughly: Phase 1 includes education on house hacking and small multifamily investing, creating a basic network, and saving any extra cash.Phase 2 is my initial searching and closes with a contract, estimates for renovations and completion and revaluation of the property.Phase 3 is the actual year of living at the property while saving cash flow up to then later pick up a second property.Phase 4 is freeing up the original multifamily for full renting, and securing a second property to repeat the process and gain capitalPhase 5 is securing a mid-size multifamily complex either with capital on selling one of the two first properties or with saved up equity.
17 November 2021 | 1 reply
Then you can always refinance later.
19 November 2021 | 7 replies
If you paid full price for your rental and did 80% LTV, even in this bizarre market, I highly doubt you'll walk with much 10 months later.
18 November 2021 | 2 replies
Perfectly legal, but as you stated, going in with full ask to retrade the price later can get you a bad reputation in the market and to me, reputation is just about everything.
23 November 2021 | 6 replies
A year later, I sold the home for more than double and used that money to buy a home in the Bay Area.
16 January 2022 | 7 replies
Your clearly out of your depth and experience for how to best lease a unit, at minimum for completing the entire marketing for tenant placement and with that I think it's safe to assume the lease portion and the later property management as well.
19 November 2021 | 0 replies
A year later, she hunts us down at our local farmers market and asks if we still wanted the property!
20 November 2021 | 8 replies
Seriously, not sure what would happen if you take your time to move in as in, paint the place and make it nice and move in 30 days later?