Irving Rivera
Asking for help about a deal in Chicago
I’m looking to buy a multi family property in Chicago, more specific in East Garfield Park 60624. I’m asking for opinions in this area since the crime rate is High and vacancy rate is high as well. The numbers work an...
Patrick Dean
House Hack Deal Analysis
Hi guys. I just finished reading the book on house hacking and would like to get your thoughts on a deal I’ve come across. I’ve been pre approved by a lender of up to $300,000 using a 3.5% FHA loan. I would live in th...
Account Closed
Basement separation/washroom also?
Hey BP question:
Im currently in the end process of buying my first property a multi, extremely excited and nervous. Im planning on living upstairs which has a big finished attic and renting downstairs which has base...
Zach Vojcek
Rental Property Next to Power lines/Within Easement
Hello Everyone,Hoping to see if anyone has had any experience with renting a property in which the house is within the power line vegetation easement. In general if anyone has had experience with the power line compa...
Noah Kanter
Motivated Seller List for First Time Homebuyer
I live in Burlington, VT and my first step to building a real estate portfolio needs to be getting out of the rental market and into a home. I know, bad timing. I'm tired of passively waiting around using the MLS as m...
Ethan Dalton Wilkins
26, 30k cash, no debt. Help
New to the app, but have listened to the BP podcast a little. My name it Ethan and I live in Georgia. I am interested in an early start to investing. As stated above I am 26 single with no children, free and clear of ...
Orbin Gonzalez
Should I continue the previous owner lease agreement?
Good Afternoon to all, I am in the process of purchasing my rental property investment that is currently occupied by a 4 year tenant living month to month. I’ve reviewed the lease but I would like to get my own docume...
Shawn Crawley
Need advice
This the deal :
On a Purchase Price of $73,500 with $5000 down:
20 year contract for Deed @ 9% interest. Monthly P&I of $616.31 Taxes (approx $700 per year or 58.33 per month) and insurance (approx $70 per mo...
Maria Cortez
Rehabbing 6 unit: Little by Little
My parents own a 6 unit building (3 floors). The building is over 120 yrs old. It needs serious updates. I'm thinking a total gut (i.e. electrical, plumbing, tuckpointing, etc). They cannot afford and do not have the ...
Myles Hendricks
Wholesale in New York
Is it legal to find and connect with buyers before finding a seller and getting the property under contract? And should I have a contract on hand before contacting a seller ?