Howdy - I'm new, but have been studying and saving to get my first deal.There's a section of town that has single and double wide mobile homes on both sides of a public street. One of those lots is vacant, however gas...
Every HML will work somewhat different but I will let you know the standard flow:
1) Get pre-approved with an HML - This should be free. DO NOT PAY AN APPLICATION FEE. This is a sign of a possible scam.
2) Look for ...
Hey all,
I'm about to have my first eviction. Can someone please recommend a good eviction attorney in Chicago? My traffic attorney recommended me a guy, but his fees are $2.5K and he says it'll be about $4K all-in. ...
The city of Toledo, OH is proposing a new "lead safe" ordinance which would affect rental properties with 4 or fewer units.Proponents of the bill are expecting about a $50 / year cost per unit per year ($150 for dust ...
Good Morning BP Community!I know, I know: It depends. BUT, for the sake of gaining some really general knowledge: On a "standard" $500,000 deal, what would be a best guess for closing costs and/or upfront costs? (FYI:...
A lender quoted a 5.5% interest rate for a 30 year fixed conventional (20% down) loan for a first investment property- SFR rental in San Antonio. Is this a good investment rate? Towards the typical low or high end for...
Newbie here... wondering what are typical loan interest rates for investors purchasing homes, rather than owner occupied residence?
If one wants to refinance a few SFH that are owned by LLC, what kind of competitive terms should one be able to obtain with very good credit? How does the picture change for foreign based investor with very also good...
Hey all,
I'm working with a guy who recently sold a business and wants my help to put his money to work in real estate, which is great! He's looking at spreading his money around into different smaller multi fami...
I'm likely going to start BRRRR investing next year and since the first 'R' is 'Rehab' and I plan on doing as much of it myself, that does dictate that the properties are also local.What I'm trying to figure out at th...