Hello Friends,This is my first post. I am new to REO but made the first purchase through xome.comI was the highest bidder and bank has accepted my offer. The bank was Nationstar mortgage. Everything went fine so far I...

I'm 23 and my wife is 21 and we'd like to buy a multi-family unit in Chicago with an FHA loan because of the low down payment. 1. How feasible is it to live in one unit and rent out another?2. She's a teacher. Are the...

I am in the process of making my first offer on an investment property (a duplex).  They are collecting multiple offers to choose from and they need to be in by tonight.  Unfortunately at this time I will need to get ...

Hi all,
I am a first time home buyer and currently lender shopping.  I already have a pre approval letter from one lender.  Should I continue to shop around and get additional pre approvals, or should I start looking...

I have finally broken out of the just learning stage, and I am ready to jump out there and put down an offer. This is the first offer I have ever put down and I am putting it down on a foreclosed home that has been on...

Interested to hear any testimonies or opinions on using Ally Bank Home Loans for a conventional loan.I use Ally Bank for checking and savings accounts and I have had a great experience with them so far. I'm in the pro...

I want to make an offer on a short sale property, but I will be looking for a hard money lender or a business partner to bring on board to finance the deal.  The problem is that the bank won't accept my contract offer...

Hi there,I've just setup my first LLC, in the state of Delaware with the intention of buying and holding MF properties throughout the US, currently i live in NYC, however - I'm looking at investing in Chicago. I know ...

I plan to start my search of houses this quarter and planned to get a prequalification letter first. With it I can have a better idea of the price range I can afford.I contacted BOA and Chase loaners. And they all tol...

Hello BP! Newbie here! I decided to jump into real estate through house hacking by the way of FHA loan. Currently searching for a 4-plex. I'm fairly new to Chicago, and live out in the 'burbs. Any advice on finding a ...