Debra S.
Paperwork for multi-family analysis
I'm in the process of analyzing a 22 unit apartment complex and when I requested from the seller his income/expenses and rent roll, he sent a couple of excel spreadsheets. My question is: are spreadsheets received ...
Chris Dickerson
New Mortgage Broker Specializing in Investor-Friendly Loans
Hey BP community!
I’m Chris Dickerson, a newly licensed Mortgage Broker based in PA, specializing in financing solutions tailored for real estate investors. Whether you’re scaling with DSCR loans, navigating Hard Mon...
Elena Bresciani
Crowdsourcing construction financing ideas for two new single family homes
Hello everyone! I am working on lining up construction financing for two new single family homes in Pittsburgh. My partner and I own the land, the site is cleared and ready. We have trade subs lined up and hard costs ...
Jackson Ebersole
Just Starting Out in Mortgage Brokering - Advice you wish you got when you started
Hi Everyone!It's nice to e-meet you and I hope this message finds you well. I'm reaching out to seek advice and guidance as I embark on my journey into the world of private lending. My partner and I just started, crea...
Michelle Bright
Taking photos during a routine inspection
Hi! Wondering if there are any rules in the Chicago tenant ordinance that says tenants can request for photos not to be taken during a semi-annual inspection. We are not taking photos to list the property. We just wan...
Macen DiPaolo
Looking for Lending/Funding Advice
Hey BP!
I have a deal that seller will agree to hold a note at 4-5% interest on a duplex(one unit vacant and other unit is efficiency at $325/m) that they own outright. Plan on giving 10k down, then doing roughly 100...
Johnny Powers
Help
Hello,Me and my wife are about to close on our first house that we will use solely to rent out. I wanted to ask about the best way / method to get a professional rental agreement put together and any advice on the ten...
Bassel Haddad
How to get information about an HOA before making an offer?
I'm interested in making an offer on an condo in FL, but I noticed that there's a lot of units in the same building for sale within the past month which got me a little worried and I'm trying to get information about ...
Mark Horn
Rules for Qualifying Rental Income on a second FHA loan
I am closing on a 3 unit FHA deal (my first) this week. Call it foolish but I am already thinking about strategy how I will pull off my next deal. Here is my question.
If I live on this property for a year or two...
Peter Lysiak
Cash out refinance without a clear CO?
Does anybody have experience with a cash-out refinance without a clear CO? There are tenants living in the SFH but it's quite "messy" and I don't have a clear CO.