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Hello BP,My husband and I purchased our first investment his past June which was a 2 unit. It has been a disaster. We noticed a couple days after moving in that we had bites all over our bodies. We never experienced t...
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Hi all,
My wife and I are helping her sister to buy a condo so she'll have a place to live when she gets married, which is coming right up. However, she has no established credit, so the loan will go under our names...
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I purchased 2 duplexes on a land contract.
6.5%
$1600.00 payment.
7 yr contract
15 months into it.
Talking w bank re:conventional mtg. Now that I have enough equity & seasoned I am able to refinance.
Closing cos...
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I've completed several rehabs for investors ,looking to invest in my own
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New to the board here but have been reading for years. I am a seasoned (25 year) real estate investor and broker. I have searched this forum for answers and discussions but have not found anything so here goes...For a...
I have a situation where I am under contract for my first property. It is a 4 family, that I plan on owner occupying. 3 units are already occupied, with 2 tenants that seem responsible and cooperative and one that is...
Hello Investors - to piggyback on my last question about sell or hold rental property, I want to avoid paying capital gains which would be about 25K. Trying to be creative without doing a 1031. Here is my question: ...
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So I’m in the process of closing on our 3rd multi family property. The most recent one is in a suburb just outside Chicago’s borders. I’m under contract to purchase the 4unit building for 253k. Comps sold in the area ...
I am going to get a rental property here shortly. I have not began investing in real estate to this point. What would make the most sense in terms of maximum protection for myself. I plan on building up to multiple re...
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I understand they will appreciate at a much lower rate than a SFR but if I am looking for long term cash flow what are the other downsides to investing in a half plex? Obviously I am trying to buy both sides if possi...