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In September I purchased an up/down duplex in Denver. It was built in 1895 as a large single family home, then in the 50's it was converted to a duplex. It is still zoned as a multi-family lot. A multi-family ho...
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Hi everyone. My name is Luc, and I'm a 25-year-old finance professional living in Chicago. I recently received a preapproval from my lender and am looking to house hack a multifamily in the Chicagoland area. Given I'm...
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When I made my initial post the bank hadn’t signed off. I now have a ratified contract. It’s taken three weeks and they still haven’t signed the second home inspection extension, but they finally turned on the water a...
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Hi BP Community,I'm looking at buying a house that I would like to use as a rental. On the upside, the price is right for it to cash flow nicely, and it's only 5 minutes from where I live. On the downside, it's 100 ye...
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I've got a 22,000 SF property in S. Seattle / Skyway with existing rental. Options to develop it include a 14 unit apt building, or 8 townhomes, or simply put 4 townhomes behind existing home. The property is relati...
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Ugh....I’m really struggling with this! Probably because I’m going about it all wrong, but...I need to get numbers to the bank to determine my project financing. I’ve been interviewing contractors, shopping for materi...
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I have been doing a lot of research into where we might buy another STR and was looking at Big Bear Lakes, CA because it is very close to a downhill MTB park and my kids race DH and have always wanted to get a place c...
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Advise on how tenant can pay me with a visa card. she has no bank account. In the past she handed me the card to draw money from ATM. A lawyer advice against it citing potential for many complications. How else can I ...
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Hi everyone, I was wondering if anyone has some common mistakes to avoid when first starting out in long term multi-family rentals. I am currently looking at a multi-family foreclosure that needs about 60K in repairs,...
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Hello,I am wanting to get started in real estate investing, have been for awhile. However, my market in Chicago is a bit crazy at the moment. Also, CHI just recently decided to get rid of the 5% down program which is ...