Hi! I currently have a large 1/1 with a ton of space in a highly desirable location in Chicago. With interest rates being so high and it being a condo I pay just under 3k/month. The condo surprisingly has no limit on ...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $105,000
Cash invested: $27,000
BRRRR property, ARV between $160,000 to $180,000. Owner financed it and will cash ...
So my question is if I find a deal and get a hard money loan for 70% of the ARV but that much doesn't cover all the money I need for the rehab what would be another way to get money other than just saving from my job?...
We know that a cash out refinance is preferable to a HELOC to pull capital back out of a BRRRR. But for conventional loans, the LTV is 75% and for portfolio loans it's typically 75% or 80%, unless you get lucky. Uncer...
I wanted to use this month’s blog to stray a little bit away from the apartment investment content. This month, I will focus on residential real estate. A goal of my wife and I was to find a new home. In particular, w...
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $1,800,000
Cash invested: $660,000
Apartment complex renovation project. Renovated all units in apartment com...
Hello all!I’m a new investor here in Chicago and for my next investment property, I’m looking to purchase a multi-unit building using an FHA 203K loan. I have a question regarding the loan amount that I haven’t been a...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $20,000
Cash invested: $45,000
Sale price: $99,000
Contributors:
Peter Vekselman
Partner Driven...
Me and my cousin owns a duplex where she owns one side and I own the other.The duplex is currently outdated and I want to move in and renovate my side of the duplex and I was just wondering if it will increase the val...
Hi all,I just recently bought my first three family rental property and I inherited my tenants with the house. So far (knock on wood) my tenants have been fantastic which, from what I’ve heard, is not always the case ...