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I am looking for creative finance options that will help get a seller out from under a condo with a FMV below what he paid. This is not a potential short sale, (and the seller won't accept that as an option) but in a ...
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So, my wife and I just closed on a 2-flat in Chicago and we'll be house-hacking, so we're only using one of the units currently. I understand that cost basis can be one of the harder things in determining depreciation...
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Hi,I am interested in possibly converting my common area power over to solar, depending on costs. This is a 4-unit, flat roof building with great sun exposure. I am only looking to power my common area, which would ...
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I am happy to announce that we closed on the sale of our first flip! We learned a lot and saved by putting some sweat equity into this project. Project 2 is already underway (2-flat renovation, moved into the 1st fl...
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Hey everyone. Wondering if any local rehabbers would be willing to give general rehab cost rules of thumb for the area. For instance, my last area I moved from, a total gut interior with exterior work was around 60 p...
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First post here.....really have enjoyed the site so far. Looking to finance two flat purchasing as a rental. So far, it looks like 25% down is standard since I won't be living there, but what interest rate should b...
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I'm doing some analysis on a 2 flat which currently has one gas and electric line coming into the building and a single boiler and hot water tank. Can someone ballpark (a) the cost to separate the lines so each unit c...
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This is a flip project - 4 months buy repair and ready to sell. Assuming 6 months for the estimates bellow.Want to know if I am missing something ... advice welcomed.BTW - need hard money for this one if you have advi...
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So I want to try the buy-n-rent strategy in my area. Got connected with an agent who own several rental SFH. Communicated a bit of my capability and needs and then set out and looked at several SFHs. The agent said...
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What are some common ways of splitting expenses in a co-owned property where one partner stays in one room of the said property and another one rents out a room? In case of loss of rent, is it common for the non-resid...