A friend and I just finished looking at a good potential lead on our first REI. We came upon the deal by word of mouth and networking. I'll lay out the scenario first and then give some info on what we have come up wi...

Hello BP Community,

I'm a new investor looking for my first deal. I'm interested in 4-10 unit multi family properties that have below market rents and may need some rehab. I am a successful business owner and...

Looking to get info if its possible to get a Renovation Loan in the Detroit area? For example: Say I find a property that is $30-40k and needs another $30k in work. After fixing it I would then like to rent it out and...

Hello All happy new years!So I would like to get the opinion of some experienced investors.My goal is to buy (3) three to four multifamilies.I inherited a 3 family fully paid off and own my current home.Between the tw...

I am contemplating making an offer on a 1995 double-wide mobile home through one of these auction sites but saw two problems that concern me: 1) the back door won't open - it seems to be pretty firmly jammed shut; ...

Hello, everyone. Looks like a great community here! Looking forward to seeing what's going on around North America and how other people approach real estate to achieve their objectives. I currently own just one invest...

Insight into how and when you put your “team” together. Did you find a contractor before buying your BRRRR property? Did you find this to be more helpful? Did you find a contractor after you found a potential property...

Talked with local lender recommended by my broker. Preliminary chat he shared the following numbers:30% down required5-6% 7 year fixed then adjustableNot sure if I should try sticking with initial plan of a portfolio ...

I'm currently in a two family house and thanks to BP have realized that moving into a bigger unit mix will help me house hack and actually make money in the process as opposed to just getting a discounted mortgage.

S...

Hi Everyone,Quick question on security deposits in Chicago. Can I combine the security deposits of different units into 1 bank account?I understand that landlords cannot commingle security deposit funds with the asset...