Hi BPters I bought a main residence townhouse 15min outside Chicago for 160k couple years ago. I totally remodeled it (myself) new bathrooms, kitchen, windows, doors, flooring etc. Mortgage loan has 100k left. Curr...
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Hi! I am a first time home buyer who’s interested in flipping. I’m very new to all of this and recently learned a little about 203k Streamline. After learning about it I immediately saw the opportunity for a Brrrr (i...
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Trying to understand options as it pertains to the sale of a current AirBnB rental. What are the implications of doing a 1031 for an new investment property that eventually doesn’t generate rental income? Is somebody...
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Does anyone AirBnB, or similar, their properties in the Bentonville area in Arkansas? We would really like to start doing so with our home. I'd appreciate any recommendations for cleaning and maintenance. The larger c...
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First time poster! I recently bought a fixer 1200 sq. ft. 1920's property in Eastmont Oakland CA. I plan to convert the home into 2 units (one 2/1 and a 1/1 for Air BnB) initially and then leverage the cash flow to ev...
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My wife and I will be moving into Texas in March as i have just been granted a green card, and will initially be living with her parents. We will be coming over with enough cash to put a 20/25% down payment on a prope...
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My wife and I will be moving into Texas in March as i have just been granted a green card, and will initially be living with her parents. We will be coming over with enough cash to put a 20/25% down payment on a prope...
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What is the best way to go about legally turning a property that is zoned as a single family home into a triplex?The property currently has a 3 bed 2 bath unit (main house) and then two lofts in the backyard. All unit...
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If my intent is to convert our current home to rental when we upgrade and hold indefinitely (i.e., long past the break even date), is there any reason I wouldn’t want to consider purchasing discount points from the re...
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Hi everyone. I'm looking at a 5-unit property. It's a house that has been split into multiple units but the tax records list it as a three family. How does this affect lending? Would this be a residential or commercia...