Sentences with phrase «on a duplex»

I closed on a duplex in Cleveland recently and before closing on the property I «interviewed» different property managers by phone and ended up getting a property manager who happens to be here on BP.
I'm finding as an investor, I get very good cash flows on duplexes in Minneapolis (all over the 1 % rule) I just find that single family homes can't cash flow at all.
Any suggestions on the ability to cash - flow on duplexes in that geography?
Mainly a buy and hold strategy focusing on duplexes on up and at some point adding a modest commercial piece.
«In my Atlanta market,» Ailion says, «The loan limits for a conforming Freddie, Fannie or VA loan or an FHA loan on a duplex are $ 533,850 and $ 459,300, respectively; on a fourplex, they're $ 801,950 and $ 690,000, respectively.»
For instance, in qualifying an applicant for an FHA mortgage on a duplex, the lender may not use the rental rate the borrower intends to charge, but instead, the amount of rent is can reasonably fetch according to an FHA approved appraiser's comparison of similar rentals in the area.
A similar proposal was put forth by researchers are the Distributed Computing Group of ETH Zurich in a September white paper on Duplex Micropayment Channels (DMC).
Thanks everyone for the well wishes and yes i did run the numbers and believe i got a good deal on a duplex.
Wow we have followed a similar path, congrats on your duplex purchase in Edmonds.
I know exactly what work I will need to do on those duplexes over time, and have contractor estimates for what it will cost.
If 17 - 27 offers are made on a duplex, how do you score one and still manage to buy smart?
That's when the couple started looking at other neighbourhoods, eventually settling on a duplex in La Petite Patrie.
Opt for the Family Getaway Package and splurge on the duplex suite complete with two stories of glass windows overlooking the ocean.
There will be 294 intricately designed guest accommodations, including 45 luxurious suites — some of which are located on duplex floors, inside historic turrets, and feature private lifts and terraces.
Elsewhere, Blockstream announced the addition of former Swiss Federal Institute of Technology researcher Christian Decker, best known for his work on Duplex micropayments channels.
We got a quote from an insulation company to add proper vents, blow in the attic, and perform air sealing throughout on a duplex and it came to just under $ 1,200.
My approach to your question would be simply decide how much you want to spend on a duplex first.
Is there a general consensus on these duplexes from the 1920s - 30s as far as foundation issues?
I just closed on the duplex about a month ago.
Signed purchase agreement on a duplex this past Sunday 11th.
On a duplex built in 60's I would always have in my mind at least $ 5 - 10K per door before even looking.
Will give more updates on this Duplex once we go to closing.
Don't get tunnel vision on duplexes and multis!
BUT 800 or 1,000 a month on a duplex or quad is very consequential:).
He works with out of state investors (he helped me close on a duplex while i was away.
Thanks for the reccomendation @Alex Scott, were closing next week on a duplex VA loan and all is going very well.
My business partner and I just interviewed a guy who invested $ 1,000 down on a duplex in 1992, and he has traded that up one time after another until now he just sold a 130 - unit apartment complex for over $ 11 Million.
I close on a duplex at the end of January with one unit vacant and dreading trying to find a tenant at that time of the year.
So I don't really know for sure because almost everybody is talking about FHA financing on duplexes... it's everywhere.
AND what the underwriter is doing (not using rental income on the duplex).
At this point I am considering taking out equity on the duplex I own and using it as a down payment but am considering other options as well.
If you can not buy that soon then start saving the pennies and try for a 3.5 % Fmha on a duplex or fourplex.
Question on how Charleston, SC handles taxes on a duplex.
Currently I have one SFH rented and have just signed a contract on a duplex (one unit occupied) in the same neighborhood.
I'm undercontract on a duplex that is going to be a buy & hold for me.
I usually see $ 1500 total rent on a duplex that cost about 100,000 here in Houston.
I have decided to pass on the deal and focus on the duplex for now.
You will also run into duplex LTV restrictions... so lets say you bought it for 100K cash, put 15K into it... then tried to refi - the banks asks for 6 - 12 months seasoning and max ltv on a duplex 80 % LTV... you have tied up the funds and end up with 65,000 back... your going to run out of reserves.
We just missed an awesome opportunity on a duplex because I didn't act fast enough.
I've landed on a Duplex I really like and it's super clean with lots of recent repairs including new roof, new appliances, fresh paint and floor all around.
I recently put an offer accepted on a duplex.
Basically I would allow a lien to be placed on a duplex I own - with about 90 - 100K in equity, for his security instead of a high down payment and also be putting in my real estate agent commission (about $ 20K) towards a down.
Although the single - family home is slightly larger than each of the units in the multifamily residence, the price per unit on the duplex is $ 550,000 cheaper.
I am making offer on this duplex that has extremely strong pet odors everywhere, not only from the carpet, the carpets were already removed, I just think it's everywhere.
Cash flowing on a duplex is not a problem if you buy at the right price.
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