Matthew Palanek
Question about getting approved for a mortgage
So in Feb 2014 I will be trying to get pre approved for a mortgage. My issue is, my monthly income is only about half my total income (the other half is split amongst quarterly bonuses. So my question is when getting ...
Lily Sellers
Mortgage Lender wont let me refinance equity. Options?
Got pre-approved for another investment property for only 200k (not much in my market) But, I have more than enough equity in one of my other properties that would cover more than enough for the difference I want to s...
Steve S.
Help Me Analyze This BRRRR / Flip Opportunity
I own several rentals and am tryign to get more into rehabbing and BRRRR or Flip. I've done light rehabs but this one will be much bigger. Here are some details followed by some pictures.Yr Built: 1975Sq Ft: 22503 B...
Scott Gordon
Total Cash Needed - Rental Property
This is probably a very very dumb oversight on my part, but I ran a report on a house near me and it is showing $46,050 as total cash needed. Why is that? I thought it would just be Down Payment ($10,000), Closing Cos...
Account Closed
Rental Property & Taxes
Very new to the real estate investing. We own 2 rental properties and own the house we currently live in. Last year, we only owed back around $100 for taxes. This year, our CPA is telling us we owe $4,000. We’re just ...
Rose Davis
Auction buys
Hey BP! Quick question if I have a pre approval letter and want to buy a house at an auction that i know already has equity in it, is it possible to put the money down required to be in the aution and then use the pre...
Blake Grzybowski
Can't find Pre-Foreclosure Properties
I am a wholesaler in Michigan and would like to start reaching out to potential sellers who are in the pre-foreclosure process. I can't seem to find any info to get a list of all of the pre-foreclosure properties (at ...
Shannon McKenna
Where to Focus First: the Deal Chicken or Funding Egg?
I need a bit of direction. I am a little newbie searching for my first deal, which will also be my first ever real estate purchase... a place I can "house hack" as I build up income for my second deal. I am looking f...
Michael Mahung
Househacking Chicago Neighborhoods
Thanks for reading - this will be my first post so excuse any strange formatting.1. I have lived in the north suburbs of Chicago (Evanston/West Ridge) most of my life and have been wanting to start investing.2. Based...
Lisa Misuraca
Flip or hold?
I'd love to retire but need about 60,000 income a year to be comfortable.Don't really like the idea of being a landlord,but it seems to be the best plan.Would love to use a property manager or management co.Thinking 6...