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I've heard time and again that submitting multiple offers is a good strategy for getting a house under contract, but I don't understand the specifics of how the various offers should be structured. What is the typica...
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There is a small incorporated town in California that I have a rapport with many of the City Council members, including City Planner, City Manager, and Mayor. Another business venture brought me to the City, but I was...
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...it(just read it somewhere), does simply including another OPTIONAL intention/objective make it legal or safer? I'm thinking I disclose this but not as my SOLE intention but ALONG with (or) to acquire financing to k...
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No she didnt want to rent it . She was calling to verify a tenant that wants to enroll their children ( this house is in a very sought after school district ) . She asks if I am the owner and what my personal addres...
How do underwriters calculate DTI when I have several leased rental properties? This may seem like an obvious question, but my last experience is that there is more to it than [rent payments] - [PITI] - [1% repairs]I...
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Hi everyone,Just moved here from San Diego where I renovated my old house before selling. I did a lot of homework including using bigger pockets as a huge resource. Podcasts, forums & of course reading and re read...
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I have owned a house for about 17 years. It is in the middle of four other lots that are owned by one family. They have been used as rentals or have stood vacant/ filled with junk for longer than I have been there. Th...
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My assumption is that the best thing is to "simulate" potential risks as well in a sample deal. At the same time am I correct that due diligence and good underwriting can curb much of this in a real scenario? How can ...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Chicago.
Purchase price: $230,000
Cash invested: $31,538
3 unit building. Bought with 100% occupancy with 2/3 reliable ten...
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Greetings all. Ive been lurking around for quite sometime and finally joined.
I myself am a young investor who recently got into residential and commercial real estate on the side a year ago. Not only am I an investo...