But if you just don't want your SSN handed to the world, a mortgage broker can run your credit, and whoever the loan is placed with will use that same credit report without re-running, and none will see your SSN until the broker decides that specific lender is the best home for your loan.

They should also show you proof of funds for any down payment.Be ready to know who pays for what reports, inspections, escrow, title, lawyer, etc.Just be prepared for some buyers to come in  and lowball.

The Blackstone Group, a global investment and advisory firm, has reportedly purchased over $50 billion in real estate assets in 2015.

@Epi Villarreal  private money loan .. or a loan from a formal HML company.Most private folks don't charge a fee for an app.. most lenders only charge for apprasial and credit report.. those that charge on top of those are generally just looking for easy peasy revenue.. you send 550 in and they may or may not do loan but they are ahead 550

Again, each is going to have a different NOI due to differing management styles and hence different cash on cash returns.Markets: When people report on rent growth in a market it's almost always inaccurate.

Hi Henry,Personally I would walk away from the deal unless he fixes the discrepancies from the inspection report.  

@Tricia O'Brien I really couldn't tell you anything but Montgomery, but from reading a lot of different articles and reports about "hot cities" to invest in, Birmingham has been listed in like the top 10.

Also the seller provided me a look into their records of profits and expenses, also they showed me their inspection report which expires middle of next year.

from a tax perspective are we better off of now, with only 1 property to not do llc and keep reporting of income on our personal taxes in the schedule e?

what data or report did you read the cities you have mentioned have had larger appreciation then Chicago?