Sentences with phrase «on duplexes»

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.

One more tip, focus on duplexes you will have more opportunities to acquire 1 %.

Mainly a buy and hold strategy focusing on duplexes on up and at some point adding a modest commercial piece.

Don't get tunnel vision on duplexes and multis!

Any suggestions on the ability to cash - flow on duplexes in that geography?

«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.

If you get a mortgage on a duplex, you are responsible for paying the mortgage.

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.

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).

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.

I'm renting a room out too and will cash flow on a duplex.

I just closed on the duplex about a month ago.

Close on my duplex tomorrow, which I will be house hacking.

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.

Thanks everyone for the well wishes and yes i did run the numbers and believe i got a good deal 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 had a similar problem on my duplex.

Will give more updates on this Duplex once we go to closing.

As I mentioned in a prior post I am looking to make an offer on a duplex with an S8 tenant already renting one of the apartments.

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.

Currently I'm in the midst of getting a bridge loan on the duplex that came as part of the Harrison purchase, if that underwrites successfully and we have a good experience, I'll recommend that lender.

Congratulations on the duplex!

And I got some work to do on the duplex I am moving out of.

I will take your advise and focus on duplex / triplex as my first rental though.

My buddy just closed on a duplex 1 block from Lake Nokomis for 233k.

I recently closed on a duplex and took out the hot water oil boiler that supplied heat (through hot water baseboard heat) and hot water to both apartments.

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.

When I closed on the duplex and townhome I had to take a half day for the home inspections, I was meeting the contractor over my lunch break and I felt like things would start to interfere with my work if I could not figure out how to get some help.

A month after closing on the duplex to my surprise I had someone interested.

I have decided to pass on the deal and focus on the duplex for now.

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.

Congrats on your duplex.

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.

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.

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.

We just closed on a duplex that needs scads of work.

Not exact matches

FHA loan limits vary based on location and property type (such as a single - family home or duplex), and are calculated as 115 % of a county's median home price.

The «2 - family» column is for duplex - style properties with two residents, and so on.

«Two unit» refers to a duplex - style house, and so on.

A «two - unit» property is a duplex - style home with two separate residents living in it, and so on.