Let's say there was a 24 unit apartment complex that you wanted to buy. The complex is actually composed of 6-4 plex buildings all on separate parcels. Would it be better to finance through residential mortgages or th...
I have a property that has a primary mortgage with significant equity. What options do I have to get the equity but keep the mortgage (which is a good rate currently). Banks that I’ve looked at don’t typically issue...
Hello
I am having a new boiler installed in my 6 unit here in Chicago. All the units have the baseboard heating radiators. My question is, would the hydronic outdoor reset operation control be worth it for an additi...
Home repairs you can check yourself today:1. Adding more insulation 2. Add a timer for your sprinkler system3. Replace wet or moldy drywall quickly4. Have a plumber inspect your home every 3-5 years5. Install a hot wa...
Hi everyone.I am new here, but have been reading the forum for awhile and decided to register because I have a question that we cannot find an answer for. I have done a few flips over the years and just bought a hous...
Good afternoon BP crew. I have a coworker who will be moving next year. He is moving across the country and thought it would be nice to be able to sell the house and rent it out while he looks for a place where he is ...
I was trying to wrap my head around what my tax basis would be for a property. Because i refinanced it from my LLC (multimember to my name), and sold it in few months, what would be the property original cost basis? ...
Hi everyone, just wanted to share an AirBnB experience I had this evening with the group in case this happens to anyone else. I logged in to my AirBnB dashboard tonight and saw a new section that said "New! Ways to g...
I own two rental properties - one in which I'm househacking and the other I completely rent out. My insurance company, up until recently, was USAA. I've never had an issue with them, and thought they offered decent ra...
Looking to buy a 10 plus multifamily unit with a HELOC down payment. I think PENFED was the last one, unfortunately they ended that product last week. Are there lenders still out their doing HELOCS on NOO properties a...