Eugenia K.
Include illegal ADU income in offer price?
I'm in negotiations on a duplex property with a nonconforming, illegal basement ADU (3 units total). All units have tenants. However, without more information about the downstairs unit and going through the permitting...
Brandan Leon
buying a house
I want to buy a house. The situation is I've been a plumber for years and I know banks want you to have the same job for two years with taxes. But I want to get back into selling solar because of a lot more money. I w...
Chris Weiler
To recourse or non-recourse
On a large loan, all things being equal, would you rather have a 6% loan with a personal guarantee or a 12% non-recourse loan? Assume a 10 year loan where you have cash flow rentals that can easily cover debt financing.
Trung Hong
Chicago "up and coming" neighborhoods?
Hi BP,
I'm new to the REI scene in the Chicago area and was hoping the BP community could share some neighborhoods that are up and coming (the next "wicker park")? Bronzeville? Rogers park ? Woodlawn? Just a few i c...
N/A N/A
Getting Tenants
Hello Everyone,
I am new to the forum, but I am curious to find out on how I would go about getting tenants? How would I find tenants that are fair and reasonable? What type of questions should I ask? Should there...
Account Closed
Self Directed IRA where do I invest?
If you had 100k in your SDIRA where would you deploy it if you wanted to remain passive but wanted to understand the business. Not accredited just yet, so I can’t invest in syndications 😞
Eric Veronica
House Hacking 2-4 Units in Chicago using HomePossible Mortgage
Freddie Mac’s website explains the Homepossible mortgage as “A responsible, low down payment mortgage option for first-time homebuyers and low- and moderate income borrowers”. What Freddie fails to explain is how gr...
Robert Tyler
New investor plans (Thoughts?)
Hi, I just turned 18 and I'm a senior in High School graduating class of 2019. I'm planning on getting into Real Estate ASAP after I graduate. I can't get a job until I graduate but, I am pretty damn confident in my f...
Blaid Butler
Probate, 60k equity, first time home buyer, tax mitigation
Hi everyone,First time posting and am new to this world. I have an opportunity to buy my grandmas property at 341k and is valued at ~400k. We will have to go through probate to become administrator. My questions is, a...
Brennan Taberna
Fault in House Hacking Plan
Aloha all,My girlfriend and I have a set plan to move to Washington in three years and start our real estate investing journey. Save as much money as possible and educate ourselves. That part is not the problem, the p...