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Hey Bp!In the future(5 years+), partnership or myself, I would like to be qualified with a portfolio lender to finance a 5+ unit. What are the financials and track record requirements that lenders like to see?What is...
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Hey everyone! I have a rental building that I own with two partners, on the south side of Chicago. We own it free and clear, and it generates a profit of about $600 per month, and will about double when we get th...
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I just read an article by Michael Creel about using a non-agency agreement to receive SOC at closing. If I approach a listing agent with this, what might they say? Does anyone have any advice or disagreements about us...
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Its cold and snowing in Iowa, thus been online more than usual.Want to wish everyone a Merry Xmas and Happy New Year.Winding down the year;Our latest Self Storage location is at 32% occupancy. Normally I would prefer...
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My husband and I have jumped into the world of real-estate! We have done a lot of reading, found a property where the numbers checked out, and are currently screening potential tenants for the multi-family unit that w...
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Apple announced on Thursday that it is building a new $1 billion campus in Austin, Texas. This is big news for all the Austin investors! Interested in starting a discussion about it since Amazon was looking at Austin ...
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So our current flip got broken into, hand tools stolen (yes I know, it was the first time I forgot to bring them home with me) but the door got kicked in and broke the frame/door and they stole the new range too........
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I've been researching and wanting to start investing for years now but always had an excuse (nerves) not to. I recently agreed verbally on a deal ( pending finding a bank to mortgage such a small loan) with a guy who ...
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Hey folks,
Just want to get a sense for what you all think about the housing market right now .. it seems everywhere people are bidding up, multiple offers everywhere, insane housing shortage, building material costs...
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Hi BP, I'm looking into a property and want to ask the Seller to do a carry back. The seller is the heir as the original owner passed away. The property has been vacant for years now and am curious how to structure a ...