Hey, my name is Mike. I've been learning about RE investing for years, stuck in analysis paralysis. Just started to actually do things and am hitting roadblocks. But it's okay, we just need to find another road, or ge...
Q1: In September 2020 I purchased what I will call a duplex, but really it is a SFR and a detached barber shop that was converted to a studio apartment, on the same lot. The SFR rents for $700 and the studio rents for...
Does anyone know a reputable lender that offers a 10% down vacation home loan from Freddie/Fannie?
Hey BP community!Something a lot of homeowners, and even investors, occasionally forget about. PMI...If you put less than 20% down for your home when you bought it, you’re likely paying PMI or private mortgage insura...
Do any lenders use gross income to give home loans? I found one that calculates net income by using 50% of gross income from my business. Looking to see if any other lenders do the same. Thanks
Hello fellow investors I have an electrical question regarding Chicago, IL utilities. After inspection on a 2 unit, non conforming 3rd unit we found that the 3 of the panels currently there have shared fuses meaning t...
Hello Everyone!
Question... As I search for 3-4 plex, I’m trying to understand house hacking as much as possible. I am confused about a few things, I hear and read of individuals currently house hacking who use thei...
Trying to do a refi on my house was wondering who some of the best lenders are. ?
Currently best I could find was 2.65% 0 points on 7/1 arm
Looking to get 30 yr fixed around 3 with no points.
So I recently met with a contractor who does many rehab flips a year and being a new investor, I asked him what was the best way to fund these kinds of deals with the limited money I currently have. He told me to go t...
My parents and I both purchased a vacation home together in 2018 (purchase price $800k). The market continued to grow rapidly through 2022 and I decided to buy them out 5/2022 in the amount of $800k for their existing...