I'm trying to get a HELOC on my primary residence but am having trouble because my DTI is too high due to the mortgage on an STR. It has significant rental income for 2023, 2021 and 2020 (none for 2022) but since it d...
Hi,
I'm looking for an insurance company for 2 multifamily(10 and 5 units) properties in Chicago area. Can someone refer the companies that you are already using for your properties? Thank you in advance.
New to Bigger Pockets, and oh my gosh, amazing posts and podcasts! Excited to meet like minded investors, and learn as much as I can. I've got two flips under my belt, but want to do bigger things. Have an good friend...
We ended up having to get our first tenant late in the season. Needless to say, we didn't get the price we wanted for the rent. However, we offered them a one time opportunity to have a 6 month lease to start. This wa...
I'm curious as to whats happened to people that were previously wholesaling a lot in Illinois now that the new law (referenced here - https://www.biggerpockets.com/forums/93/topics/745421-new-illinois-wholesale-law ) ...
Good evening. Has anyone used a loan against their 401K or Thrift Savings Plan (TSP is 401K for government and military) as a down payment toward a Flip. TSP will allow a loan against your balance with a 2% interest r...
So I called on several mobile homes for sale and I've visited about 25-30 parks here in Utah and there is hardly anything for sale (0-4 homes per park)!
But I talked to a lady a few days ago about her 1975 single wi...
Is this possible? Get a private loan, buy & rehab, & then get a HELOC to pay off the private loan ($75k).
Then, get another private loan & do it again.
Pros? Cheaper fees than a conventional loans?
Cons...
Twelve DuplexesProperty Information and Income PotentialUnitsDescriptionSquare FootageMonthly RentIncome243 Bedroom, 2 Bath1400 $ 1,400.00 $ 33,600.00 Total Income $ 33,600.00 Development and Construction CostQuantit...
Hello my name is Nicole and I was curious on becoming an Appraiser or Realtor n not sure which one is better in this years market. Can someone experienced respond or maybe just do both?