Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Rehabbing & House Flipping
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 9 years ago, 10/08/2015

User Stats

6
Posts
0
Votes
Stephanie Phillips
  • Investor
  • chicago, IL
0
Votes |
6
Posts

Newbie investor in a pickle

Stephanie Phillips
  • Investor
  • chicago, IL
Posted

I bought a vintage 4-flat in a rapidly gentrifying area.  It has taken 9-months to get building permits for my gut rehab!  My municipality is demanding changes which, in essence, is turning my project into a new construction project and I am going broke with two mortgages and no tenants.  I've gotten behind on my new mortgage and current mortgage and it's a long way to completion (4 months), and my credit has been negatively impacted.  What should I do?  HELP!!!  My dream is turning into a nightmare.

Loading replies...