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I am an investor and in the middle of processing my 1st short sale.
Home is worth $100,000 ($90,000 for a quick sale). I have a contract offer for $50,000. Some work will need to be done on the house. I helped the h...
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I am a seasoned investor (15 years and over 60 SFH) in Northern Illinois. I have a property next to one of the local High Schools that is being taken for some school expansion projects. They have given me a good ...
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Hello, I received a lead from an investor friend for a condo. Here is the situation: the original owner did a lease option to a college student with a 30 year mortgage. Original owner owns the condo free and clear. Th...
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I posted a few weeks ago about doing a Sub2 offer on a duplex in trouble.Rather than throwing offers back and forth and guessing who were the real decision makers, I asked to sit face-to-face with the listing agent. H...
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I thought this may be an obvious, but interesting and useful topic to start. I have my own scenario that I am curious to see what you all would consider doing should you have found yourself in my shoes.25 years oldLow...
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Hi guys,Was looking into getting started in REI in Chicago where I live. I have looked at some properties and ran some numbers in areas such as Logan Square, Bucktown, etc. My initial strategy is to do a multifamily h...
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Eight months ago I purchased my first duplex with an FHA loan. I only had to put down $15k, it was great! However I have had a dream of owning large multi-family properties (30 units or more).How do I go from one dupl...
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I'm a small-time side investor with just a couple rental properties in NE Ohio. Two rentals are enough hassle for me and I don't plan to buy more unless it's a deal that's impossible to pass up. I occasionally scan th...
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Is Seller Financing really an effective method to get access to multi-family units? I’ve been listening to BiggerPockets podcasts and reading about it - I just can’t process that to be something that really works in t...
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This post is for LONG TERM BUY AND HOLD RESIDENTIAL REAL ESTATE INVESTMENTS.First, let's bench mark the range of options so we can put in context any potential opportunity: - CDs and some savings accounts are back to ...