Hi all, I ran a criminal background check on a tenant applicant.  Due to his criminal history, I rejected him.  He is requesting a copy of this report.  Is there a law in Illinois/Aurora that requires me to provide an...

Hello and good day! My wife and I are looking to purchase our second multi-family. We believe we found a good deal on a four family however it needs some renovations, so we were planning on doing a FHA 203K loan. Our ...

First post at BP,  I recently purchased a foreclosure at auction in Washington state. I'm trying to access water to clean up the property but the HOA refuses to turn on the water.  They say I owe $1500 in delinquent H...

I have been learning a lot about house hacking and was wondering about when you go to qualify for a loan, say on a house that you are unable to purchase without house hacking, is the bank going to qualify you based on...

What does a balloon mean when talking about loans?

Hey, BP Community.I had this idea a while ago, and I'm not sure I've heard anything quite like it before. It's kind of a weird twist on seller-financing. I'm hoping I can get some advice on potential pitfalls that I m...

Has anyone sold a rental while tenants are occupying the rental?If you did, were you able to sell the home close to retail price or did you have to leave some meat on the bone to the investor.I have a tenant that is 2...

Hey guys I m Adam,  I'm new to real estate invest and haven't made any moves towards starting investing in real estate outside of of consistent book reading and internet articles. I've signed up for a 3 day course to ...

I'm a first time investor looking to get started in REI. At first I was looking to buy an MFR and house hack it, however while browsing locally I found a foreclosure that could possibly be a great deal. It's a foreclo...

I hope this is the correct sub forum. Forgive me if it is not.

I am looking for advice on how to best go about formally complaining about a terrible experience with a principal broker on a listing she was representi...