I'm a Chicago area native and new Real Estate Investor. I'm interested in Flipping, Wholesaling and just plain getting my hands dirty in Real Estate. I hope to make new connections and learn from the BP community.
Investment Info:
Single-family residence other investment.
Purchase price: $6,000
Cash invested: $9,500
Sale price: $97,000
Simply a buy (via a down payment and promissory note at $500 per month ...
Does anyone have any experience with rehabbing properties that are on the National Register of Historic Homes? Are there guidelines as to what you can and can't do as far as upgrading/remodeling/fixing such a prop...
Investment Info:
Large multi-family (5+ units) other investment in Berwyn.
26 Apartment, 2 Storefront. Long term investment. Have renovated 90% of units including storefronts. Began renovations 1st Quarter 2...
Hello BP,
I want to run a scenario by everyone too see if I grasping the fundamentals of Hard Money Lending.
My understanding is that HML can be ~70% LTV and can be used for improvements and repairs.
Let's say I ...
Greetings BiggerPockets Community!My name is Charlsi Brooker, a recent college grad who is diligently studying how to best start a REI career. I am new to BP and thought now would be a good time to introduce myself.I ...
What type of entity should you create if you(2 people) are going to be a private lender for fix and flips? Would it be any different if you were going to hold notes?
Thx
Eric
Can you guys help me I like to turn my property into a halfway house for ex convicts to rehabilitate as they transition into the workplace. Can someone share their experience? What’s the name of the agency and where w...
The 45L tax credit is an energy efficiency tax credit available to owners, builders and developers of apartment buildings, townhouses, condominiums and single family homes. The units must be more energy efficient than...
Hello fellow property managers and real estate professionals
I am currently in the process of negotiating a position as a property manager for a portfolio of 12 units. The properties include 2 single-family homes wit...