Account Closed
Please help evaluate a condo purchase in Chicago + timing
Hello everyone,I am looking at a junior studio in Chicago, Lincoln Park area. Since I'm new to this real estate market, I'm hoping to get some insight from the pros on whether this is a good deal or not.Here are the b...
Yinette Roa
Negative cash flow rental
hello fellow investors, Im in need of some guidence on my first (intentional) rental investment purchase. 2unit property in a type B neighborhood currently vacant. A few things that are making me rethink the deal fisr...
Simon Baker
Saying Hello From Australia!
Hi there everyone, what a great community!The long story short is that we went to a 3 day workshop here in Sydney and got 'Sold' the opportunity to make money in the US remotely from here. I was wondering what thought...
Daniel Kent
Refinance from negative cash flow to positive cash flow
Hello BP Community!I have a rental property in Philadelphia which within the past year I just refinanced to reduce the term of the loan from 25 years to 15 years. This property was originally purchased as my primary...
David Latu
Should I purchase my sister's rental property?
Hi Everyone, my sister would like to sell her rental property for $300,000 to my wife and I. The property currently has tenants who signed a two year contract for $1,600 in rent.
Purchase price will be $300,000 and...
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Going at it alone?
I have been searching for a duplex for around 6 months to do an owner-occupy to begin Real Estate Investing. I have just found one that I'm interested in. It is a FSBO. I currently have had a realtor who has showed...
Mike Arias
Is it true that having a SFH as a primary allows you easier access for HEL?
From my research, owning a condo as a primary is more restrictive than owning a SFH because lenders view condos are higher risk. Is that true? So if one wants to buy investment properties, is it harder to get approv...
Patricia Kovacs
What is the big deal about financing?
Greetings, BP community! I am a newbie buy/hold investor, in the process of closing on my first SFR. I plan to acquire a portfolio of properties for long term retirement purposes. To give you some background, my exp...
Caleb Campbell
Credit report question
Hello, I have a question about a potential tenants credit report, from Zillow Rental manager and Experian. The credit report results for this potential tenant and her fiancé came back with N/A for on time payments and...
Lucas LeBlanc
REI Acronyms
Hi all,I'm new to REI and Bigger Pockets so some of the REI terminology and acronyms are a bit foreign to me. Is there a website or resource that lists the relative acronyms with a definition so I can begin learning a...