I'm in the beginning stages of finding my first flip (Chicago area) and am looking for different financing options. Any recommendations for lenders in the Chicago area?
Hello everyone. I’m new to the BiggerPockets world so please bear with me while I ask what may be a silly question. When trying to grow your RE portfolio, what method of financing do you use? When I think of growing a...
Hi all, has anybody ever bought a non performing 2nd note from Wells or US Bank?If you did, could you please share who you have contacted? I've spoken to several branch managers and they don't know it and keep telling...
Hey BiggerPockets Community,
I'm looking for some advice on finding off-market real estate deals. I know there are tools like PropStream and BatchLeads that offer a lot of features, but they can be a bit pricey, with...
How does financing work on residential portfolios? I'm looking at a portfolio of houses (9) in the Central Valley, but I'm wondering how financing for a portfolio of SFRs works. Is it a series of residential loans or ...
Hey All,
My most recent purchase is a property that needed (needs) a lot of work. We are in the process of rehabbing the house in order to rent it out this summer, and then hope to refinance later this year in orde...
How does depreciation work as a tax benefit to offset taxes due on other income sources? Is it better to have a more expensive property (for rentals) in order to create more depreciation...or several properties? Tha...
Hi friends! Considering a rent-by-the-room approach for a property we may purchase. For those who have experience with it, how did you price your room? I looked on rentometer, apartments.com, furnished finder and face...
I've heard horror stories about awful property management companies and am looking for a REFERRAL for a trusted source from an investor. Please let me know who you have worked with and why you like them (How many prop...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $621,000
Cash invested: $100,000
We have acquired 17 homes over the past year paying for them in cash. We recently...