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While trying to buy my first investment property (175K), i am being told by mortgage brokers that I can't get a loan. The primary reasons being given are:
1. I don't have 2-yrs worth of self-employment hist...
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Hello everyone -I am looking to purchase a 3-Flat from a bank out of a foreclosure. Two units are vacant but one former tenant has refused to leave and stop paying rent. The bank had started the eviction process but c...
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HELP! I have a situation and would love to know if you guys think I should walk away. My realtor is terrible, made a lot of mistakes, and doesn’t advise me well. She filled in the contract NOT as I requested, and it t...
Does anyone have experience dealing with Chicago city inspectors? I'm doing some repair-and-replace structural renovations (not moving walls or making any additions) on a three-flat on the North Side / Lakeview area a...
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I was wondering if anyone has a good letter that introduces a new Property Manager while removing the previous one. I recently had to remove my PM from some of my properties and I am taking over the PM responsibiliti...
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Its time to start up the swamp coolers for the 4-plex I acquired last November. We had a couple breaks in the copper line during the winter that we need to fix. I was thinking of using a product like FiberFix, but fig...
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Hi guys, I am attempting to get a property under contract to wholesale. The property has the seller and his niece on title. Both are in different states. The seller is ready to move forward with signing the contract, ...
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Looked at buying an AirBNB that we know about. House is rented out regularly but also has a 2nd homesite that has a septic installed & perked for 2 Bed. They've got a travel trailer sitting on the septic for the t...
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My previous tenants who left in March, 2023 violated lease on multiple occasions. Biggest issue is that they kept 2 dogs without notifying me who seem to be peeing in the house for a long time. Loft and stairs have th...
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Hi BP fam hope all is well!
I wanted to know if anyone has had any experience with buying a home that needed to have an oil tank removed due to leakage into the ground. Seller does not have the funds to do it themsel...