One of my clients recently purchased a 4/2 single family house that was positive cash flowing, hit the 1% rule, and was able to execute a full cash out refinance so it was a clean BRRRR!

Purchase price: $625,000 Sale price: $700,000 I’m excited to share my recent experience with a wholesale investment in a single-family residence located at 875 N Michigan Avenue, Chicago, IL 60611.After purchasing the property for $625,000, I focused on strategic renovations that enhanced its appeal and functionality.

Then your best bet is to add a second stair, make several duplexes or, if possible, see if there are any unique Code exceptions to allow a single stair to be the means of egress.

Quote from @Drew Sygit: @Joe Budkiewicz another example of an owner not doing enough research and asking enough questions about HOW their PMC will provide their services:(This probably isn't covered in the PM contract, so they can do what they want.Couple of issues:1) This should have all been considered a single event and covered under one Work Order.

It doesn't make sense for an individual investor to buy  single large box tenant for a really high price.

Looking for some understanding about because of my planned exit strategy.I have some questions about: 1> Cash Out Refi LTV: Single assets versus multiple properties2> Terms and best practices:3> Utilizing a Realtor4> Personal Guarantees: Stabilized/ Performing vs Personal creditSet up:Utilizing non amortized seller financing to acquire the property @ 35000/60 months.Rehab Estimates are not in in yet the property.

Hi, I’m trying to decide whether I continue to actively invest in single-family (or small multifamily) long-term rentals or invest with a multifamily syndication.

Fast forward to today and one of those existing STR's has become a nuisance to the neighborhood and so the HOA board is planning to ban all STR's using what they believe are provisions in the CC&Rs to justify it and have consulted an attorney to validate the legal standing on implementing this ban.The CC&Rs were written in 1998 (before STR's was even a thing) and have these sections being cited by a couple members of the board as justification for banning the rentals (note there is not anything explicit about STR's in the documents)Section 1 – Single Family Residential – states in part, “… Lots… shall be used for no purpose other than residential purposes.”

imagine the same scenario but your friend is a single investor and you’re a married owner occupant. 

My name is Anthony Palazzolo and I am currently a single family investor looking to purchase my first Multifamily apartment (16-40 units) in the next couple of months.