Hello all,Thinking of getting my real estate license as a way to gain more knowledge of the entire process and maybe earn some extra cash while doing so to save towards investing. Does anyone know which real estate sc...
So, I have an interesting situation here that I've never come across before and could use some additional insight from other's experiences. I have a client who is buying a Duplex with intentions to make his primary r...
Anyone ever bought or owned an apartment with a non conforming unit? Wondering how mail is received and if there are full utilities hooked up. Guessing that the postmaster needs to see a deed or something like that t...
Hello all. This is my very first post and would love to get some help from the BP community. I'm looking at a legal 3-unit-multi-family deal with a 1-story-single-unit building in the front and a multi-floor-2-unit ...
I'm looking to do a cash out refinance on my 10 conforming investment property loans, but just learned that the FNMA rules do not allow cash out refinance for investors with over 4 loans. I am considering refinancing ...
I have noticed the City of Chicago has changed their policy on legal non-conforming. Previously you could easily get these units legalized and keep them legalized. I have now noticed several cases where we have X numb...
Hi there! A year ago I purchased property with two houses built in 1943 and 1950. One property was not listed on documents so I was able to get the county to grandfather in the second house. They assessed them as "two...
For 2017........The Basic standard mortgage limits have increased. The ceiling has also changed for many area's meeting the criteria as well. Here is some info you may find helpful on the limits as well as links to lo...
I am looking at buying a property. It has 3 units. Gross rents are $2400. The owner will sell under a land contract with 20% down and 6.5% interest. Selling price is $152,000. If I assume 8.3% vacancy and 15% ...
Hi,I have some cash in hand and so does a friend of mine.I understand the pros and cons of partnership from partner's point of view and there are many articles out there about this. My questions is about the point of ...