Howdy All,I've recently been focusing on seller financing models and the determination of a maximum allowable offer. My commercial lender will provide up to 75% LTV and will allow the seller to carry back the differen...
Many of the multifamily properties listed in Chicago (in the $400k-$600k price range) are built between 1890-1920. I noticed many of these foundations have settled, cracks in plaster, dips in the flooring, etc. If the...
Do I pay down mortgage to remove PMI faster?I am in escrow on my first ever house, it will be my primary home. It’s three bed two bath on 6 trees acres with animal corrals, outhouse, fire pit, etc. I will be renting o...
Hello all,I am working on buying an investment property where .89% of the interest belongs to a heir that I cannot come into communication with. None of the other family members know where they are or how to communica...
Hello everyone in the BiggerPockets community. I’m new to real estate and I am determined to take action but as of now I only have $5,000 to start. What can I do to embark on this journey?
Hi all. So I'm aware that you all know what the BRRRR strategy is. However, I have a quick question regarding the final numbers. After the refinance of a property shouldn't the PMI be removed off the loan when someone...
I have a house to sell and instead of giving away all 6% commision to a realtor I want to list it myself in the mls and give the buyers broker only 3%.
Anyone done this and can recommend a listing service? There are ...
I have always heard that it is best to eliminate as much debt as possible which is what makes me torn in my current situation. I have some monthly income (around 3K) that I can use to put towards my current mortgage o...
Just curious as this is a topic on Bigger Pockets, and I know there are companies out there that are funding deals. With the failure of Fannie Mae and Freddie Mac, and it's potential elimination in the next five ye...
I am closing on a flip and my rehab estimate is more than expected. To compensate I am thinking of installing a new gas furnace (instead of all new duct work and forced air & central air as initially planned. I’ll...