Financing is a key component to purchasing a multi-family property. As you start evaluating options, it’s important to know that not all lenders are created equal. Here are some multi-family financing tips to keep in mind and to ensure a...
With interest rates at an all time low, refinancing your mortgage can save a significant amount of money. Income calculations for rental properties differ from traditional income sources. The type of property and what tax schedule is used to report...
There are two different ways to report rental income on your federal tax return. Each has a different impact on your taxable income and taxes owed, so it’s important to have a basic understanding of the two options. Below is...
FHA mortgages are very popular for buyers looking to live-and-rent (live in one unit and rent the others). Unlike typical investment mortgages that require 25% down, down payments can be as low as 3.5% for an owner occupied multi-family. This...
It’s a simple fact that real estate builds wealth. Beyond owning a property that you live in as a primary residence, one of the best ways to invest in properties in Massachusetts is through the purchase multi-families. In most cases,...
FINANCE SPOTLIGHT: By the Numbers Frequently Asked Questions about Multifamily Financing With interest rates near 12-month lows and investments in multi-family properties continuing to be profitable, investors naturally have questions about getting the most out of their finance programs. Multi-family...
MultiFamilyProperties.com’s Steve Martin sits down with Kevin Potter from CrossCountry Mortgage to answer questions from investors about the best way to finance their multi-family properties. The majority of the questions we get on our website and social media channels involve...