Jake LaRoche
To buy now? or after me and my partner have a good foundation.
heres a loaded question that i felt like made sense to put in the Lending category. me and my father are partnering up to build a large real estate portfolio. full transparency I'm sitting at about a 590- 600 credit s...
Alex Buscaglia
Splitting utilities in a single-family home in Chicago
Hey Everyone,I've been looking to get involved in duplexes in Chicago for the past few months. After putting my first offer down last week and being passed up because of too low of a down payment, I've started to loo...
Austin Schneider
Buying a cash flowing condo that can't be financed in the longrun
Hello! first time poster and new-wannabe real estate investor. My question/situation... I have an opportunity to purchase a condo -- but it's in a complex that's "cash only" because banks don't fund in the complex due...
Ron H.
Fannie Mae Opens the Floodgates: What's Your Opinion?
What has me wondering if I'm seeing straight is the article linked below describing a radical easing of credit standards. Fannie Mae has unveiled a new program that allows previously excluded sources of income. I wa...
Allison W Gammon
Low down payment mortgage loan for STR
I was about to purchase a 2 family home with an FHA loan, live in one unit and use the second unit as a STR. Then I found out that I can't do STR with an FHA loan- EVER. So, I will either have to rent long term fore...
Jacob D Adamczak
How To pull comps for a small multifamily
I am looking to house hack a duplex or triplex and was sent a property to evaluate to see if I was interested. It is a duplex in a neighborhood of primarily single family homes. For this reason, it had more bedrooms...
Lindsey Matejak
Primary Residence Mortage and Series LLC
Hi BP,
I just finished refinancing my 3-unit building in Chicago in which my wife and I live in one unit and rent out the other two. We purchased the property under our own names and our recent refi is a 30 year fixe...
Ava G.
My not-so-good experience buying my first rental property (condo)
Investment Info:Single-family residence buy & hold investment.
Purchase price: $70,000 Cash invested: $30,000First rental property I bought was a condominium from a good property developer in the Philippin...
Caleb Morris
9 Unit Apartment Analysis
Hello, I am a real estate agent in St. Louis. I am currently working with as many investors as I can to try to gain as much knowledge as possible before jumping into my first deal. I have found a 9 unit apartment comp...
Kyler Smith
Turning a motel into long term rentals?
I found a small 12 unit motel with 5 RV hook ups that needs quite a bit of work. It’s about a 30 minute drive from me. It’s in a small west Texas farming town about 30-45 minutes away from any real “big city” The mote...