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Hey everyone,
So for the past 2 months my brother and I have been looking for 2-4 unit property in Chicago. Our plan is to live in one unit and rent out the other units. We found a place that is listed for $2...
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Does it make sense to buy an overpriced multifamily residential rental if the rental income can
cover the mortgage payments (inclusive of PITI)?
please be as critical as possible. :D
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Hello,
I'm a newbie in Camas, WA, (25 minutes from Portland, OR 2.5 hours from Seattle, WA). Both my wife and I work full time. We're focusing on paying down debt but want to start learning about REI now, and buy-reh...
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I have a paid off house and was going to use the profits to buy more fixing flips . But I recently found a 15 unit multi family. Should I 1031 change to this and go into debt or keep doing my couple fixing flips b...
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Hi BP Community,
I'm interested in folks' input on whether the below is a good idea and if they have had experience doing what I'm thinking about.
First some background...I purchased a condo shell for $25K (cash) a ...
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I have a mortgage question on my personal residence. It is currently a duplex that I am almost done renovating both units. I have been living at the property for 6 months. My plan is to split the deed into 2 separate ...
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Good Morning,New here. Just saying hello. I'm an avid listener to the podcast and I love what I hear.I'm a pest control technician with three children,a dog and a carpenter husband. I hope to get our family financiall...
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Does anyone have any good references on how to evaluate a credit score? I always run a score with an application and typically my criteria is 620 because that is usually the cutoff for a lender to offer a mortgage. ...
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How do you legally search for private lenders? I know everyone says talk to friends/family and other people around you. My issue is all my friends are still in college and have college debt to worry about and are in n...
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I've got a lead on a Freddie Mac foreclosure that is headed to auction. I had an online title search done that revealed 4 other liens. The auction terms state that a warranty deed will be issued. What happens to th...