Have a situation that I am trying to figure out the best resolution.
Bought a house with a large lot in July 2012. Spent two months cleaning, fixing, renovating inside and outside.
During the process I replaced all...
I’m looking for a multi-unit to house hack in Chicago and just got pre-qualified. My situation is that I know I can afford payments on a lot more than they’ll give me because my wife is starting a job in a few months,...
With the current 30-year fixed mortgage interest rate at approximately 7.05%, I am curious about the additional interest I might have to pay for an owner-occupied duplex. Both properties have a 20% down payment.
As a...
Two and a half months ago a car crashed into the wall of one of the bedrooms at the unit we are renting. It has still not been repaired as the owner was not prepared to pay the $100 excess. Apparently the Insurance c...
Can I raise rents 40% for the 4 excess people, or will some judge somewhere say I bought the property as-is can't do that.
Hey everyone, I just bought my first duplex and was wondering if I decide to overpay on my monthly mortgage payment, to save on interest paid over time, am I able to expense any of the over payment made against the in...
Everywhere that discusses wholesaling talks about being able to make $500-$20000+ on wholesaling deals. Common basis for pricing things out is of course the 70% ARV less repairs. My question is how you go about dete...
Hey BPers...I need some help tonight. I'm looking at purchasing a SFR from a friend and we discussed two options. The asking price is $85K. Rent is $850/month and the tenant has been there for about three years. Good ...
Question for the RE CPA's: If I have a deal where I am the sponsor and invest no equity, while my investors invest 100% of the equity, and we agree to split cash flows (let's say 50/50). Our first cash distribution co...