Hey all - I'm looking at multi-families in Chicago for my first deal and went to view this 4 unit on Saturday: https://www.redfin.com/IL/Chicago/3500-W-Cullom-Av...All units are 2 bedrooms and current gross rent is $4...
Trying to figure out my strategy beyond the first property. Let me here what you would do with the scenario.Purchase Price:40KRehab: 40KTotal Loan From Lender after Rehab: 80KARV: 130KFair Market Rent: 1,200 Mo.If thi...
Looking to do my first flip in Greenville, SC. I have reached out to 30 hard money lenders found here on Bigger Pockets and have narrowed down to 3 or 4 lenders. Talking to area contractors about lead time on getting ...
Hello BP,I am currently looking at a property in Rollinsford, NH a class C-B area. It is a quad unit 8 bedrooms and 6 bathrooms, 4,238 Sqft. Asking price is 330k. I will be buying via a VA loan, seller offered to repa...
Hello,I currently have a paid off house and a HELOC Worth 250k, which I will be using to buy a rental property.My wife and I were thinking to get started we should buy another house where we would consider living for ...
Hi all, Newbie here, On my road to my first House Hack in Jacksonville, FL (desired location to start off) I would love to hear any stories and or inspiring tips from your first-time HH. I have been educated myself fo...
Hi BP, I have been wholesaling in Charlotte NC for about a year and have decided to brach out and do some rehabs with my business partner in New Jersey. We have started our first one in Sicklerville NJ about 30 min ou...
Can I finance (roll in) FHA 203k rehab loan closing costs into my loan?One lender says NO! I called elsewhere to get a second opinion and that lender said YES! What a mess. I have no idea and I'm looking everywhere o...
Hello everyone!Here is the scoop. Although I have been a broker for 4 years and have been involved in 6 fix and flips (keeping contractors on schedule, running numbers, being particular with the details, marketing), t...
I have a FHA loan lined up to purchase a property but the property I am interested in has one issue with the foundation in the garage. The house is built into a hill and the garage is basically part of the basement. W...