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Hello all, so this is my first post here. My realtor came across a 6 unit complex coming on market soon. The number check out and all looks good. Only issue is financing. They are asking 475k and I don’t have anyone w...
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Hello Everyone,
Last year, I purchased a property using a DSCR loan for a medium renovation. The existing home was 1,000 sqft. But we've decided it would be best to add a second level and build a new home. The home i...
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First, Thank you for your time in reading this and responding For anyone that got some experience in using the short-term rental loophole I got my first House Hack. I'm using the walk-out basement (900sqft) for mysel...
Wondering if anyone has had an experience in rent being late because child support wasn't received. I have a tenant whose circumstances have changed. I have nothing bad to say about her as a tenant, but I'm trying ha...
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Hi BPers, I am looking at buying another property as the owner occupant. Our exit strategy would be to move out and rent it out in about 3 years. Due to various personal circumstances, a condo will likely be our best ...
hello,
I am not sure where I even got it, maybe from a request form a website, but I have been receiving stuff from Richard Roop's group, which apparently are mentors and REI trainers. I received in the mail two free ...
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Just a question I had.
Lets say your find a 100k home. Seller agrees to carry 20k. Do you and the seller agree to the interest rate on that carry back financing? Also when you go to acquire the 80k from a bank, do ...
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Hello:
Is there a link or site with information pertaining to available loan programs for investors who 1. have outsdtanding credit 2. Employed 3. have some ligiud assets
I was scared away from the 203K program bu...
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Hello BP Community!Long story short, I am looking into my first investment property (a house hack), and will be likely co-borrowing because I am in school and do not have enough income to qualify for the loan myself. ...
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I am currently looking into a 7-unit apartment building on RedFin.Location: Chicago IL, North Lawndale, low income, high crime neighborhood.Asking price: 450,000Total monthly rent income: 7162Well maintained (so claim...