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Hey BP members. I am a new investor in the Chicago market. My question is about how to do a correct property analysis. I see properties on the mls that are listed as 2 flats. Everyone in Chicago knows that most two fl...
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I am finally at the point to start my serious search to move on properties when I find them. However, I am trying to setup any pre-approved loans if at all possible.
However, my question is what loan or what type ...
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Process of cashing out a long ten rental. Great time to sell! That said, I can’t seem to find a decent multi family to roll onto at a decent cap rate and lock on the lower lending rates. The option of to pay the tax a...
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What are the thoughts around DNC list? Abide? Do not abide? Consequences?Thank's, in advance for your feedback!
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Hi All,Looking to close on a house and the family lender is willing to give us the lowest possible loan legally allowed, and so that the transaction doesn't fall under the category of being a gift, raise flags,etc. H...
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@P from prior topic. You may decide to develop versus buy. Several reasons to do this.
ZONING, I-3 RIGHT?
When ever I take a look at a new town to do storage, I take two
approaches at the same time. Do I build? ...
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I was looking at some of my spreadsheets and was trying to figure my overall rate of return on a house once it is paid for in the future, with the following assumptions, are my calculation right?
Purchase ...
Direct marketing is when you find vacant or distressed homes and you look for their owner on listsource.com and you send them a yellow letter?
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I am looking at buying a performing note in Fresno, CA. Outstanding balance is 26k and purchase price would also be $26k. House value is 175k. Payment amount is about $450/month. If I purchase this note for $26,00...
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I am buying a few apartments and I have closing tomorrow. Because many tenants don't have a lease, we requested certified estoppel letters. In the contract it is stated that "Seller is to provide the buyers with Estop...