Hi BiggerPockets Community, I'm Phil and I own 3 units (two condos and a single family home) in the Chicago area. I have a fair amount of experience in the real estate industry (see longer bio in my profile), but cons...

Recently I've wondered why I felt low LTV was better as an investor for long term survival. You don't want to be upside down or over leveraged if/when the markets change. But, that would seem to only apply if / or whe...

Hello all,I am in negotiation with a small business tenant (beauty sector) of a commercial retail property we bought last year. The property has several suites, tenant leases 1,200sf, initial lease term comes to an en...

Is there a way to find hard money lenders that are not family for free? I've been looking around and found 2 websites that allow you to, but you have to fill out an aplication with them. I did that, but I really wa...

I am selling one of my rental property and have got offer with 25% carry back ,Loan term is 5 years, 5% interest with 30 yrs amortizations.I have never done this before.Should I do this or not and what is the benefit ...

Hello all, I am a newer member of this site and have a few questions about starting off. Currently I am in my last year of school and will hopefully have a career starting next Summer. I want to get my loans paid off ...

Hey everyone!Very excited to join the community and conversation here. I've been listening to the podcast, passively reading some real estate books and decided I needed to step my game up and start interacting, so her...

After months of research, I took the plunge and sent out yellow letters to the list I put together through driving for dollars. My intention is wholesale any contracts I get. I recently received a call from another in...

Hello BP, just wondering what you would do I currently own one duplex in southern California . Unit 1 is 2/1 with unpermited bonus room and unpermited 2nd bath making it a 3/2 in a sense which I assigned a 2 car garag...