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Hi All,As I have been expanding my portfolio in different markets, I am have been evaluating different financing options (especially as I cycle through all my and my wife's personal mortgage slots as well as buying al...
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I have been considering which area of REI to begin with: multifamily homes, mobile home parks, or short-term rentals. I would greatly appreciate your guidance and recommendations on this matter.
Best regards,
Igna...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $526,000
Cash invested: $56,000
Three unit that needed a rehab. Completely updated, living in one unit and r...
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Hi BP Community!I am looking at an 8 unit apartment that is listed under $500k. Would it qualify for a commercial loan? Some people have told me that commercial lenders won't look at anything less that $1 million. If ...
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The deal:
Realtor 1 charges 1% to sell my rehabbed home and she got me my 1st rehab home at a good price. We don't agree on everything at times, and she is older so she makes mistakes. 18 yrs exp.
Realtor 2 is offer...
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Chicago - NorthcenterThe project is a two flat deconverted to single family, the rehab cost can be up to $400K. Per the casting producer, we are on the next phase of screening- whatever that means. Have you gone throu...
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I just found out the REO my offer was accepted on has this piping. Is this something I should walk away from? I don't suppose there's any hope of getting the bank to pay for repiping. Thanks.
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Hi everyone! I’m gearing up to close on my first duplex next week, which I will be house hacking! Living in one unit and renting out the other to tenants. I need to finalize my insurance before close, but I’m unclear ...
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Hello BP communityI’m in a bit of a jam and trying to see if anyone can help. I have 16 units that I would like to do a cash out refi. Those 16 units are comprised of 1 four unit property 4 three unit properties. Thy ...
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I am looking to do flips & BRRRRs in the Chicagoland area. Primarily in C+ to C- neighborhoods...60619, 60620, 60636, 60637, 60638, 60609 are some areas I've been making offers. For individuals doing work in these...