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I am working on purchasing a 700sq/ft cottage (second home) that I believe fair market value is ~$210K-$230K, however, the buyer bought it in 2021 for $225K (and put about $15K into it) and a realtor told her it is no...
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Hi BP forum. My 1st post .... I am In contract for my first deal EVER. Two attached townhouses next door to northeastern il university. I was Planning on renting them out as regular single family homes but a friend ...
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I have a non-recourse term sheet from a lender that is requiring me to get a co-sponsor to meet the net worth requirement. This is for a $7.8m purchase with around $4.5m in debt. I'll be running point on everything,...
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Do lenders allow you to use equity for your down payment? i.e.I buy a house $80k, but the house is actually worth $100k which gives me 20% equity in the home at the time of purchase. Would I still need to put 20% more...
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I am looking at purchasing a small portfolio of SFR properties below market value. I am interested in putting long term debt on the portfolio, however, I wanted to know if anyone knew any lenders that lend based on an...
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I'm currently looking at a couple potential deals around the 12%-20% CoCROI, typically making $100-$250 a month. Are deals like this worth going into partnerships over? I've talked to a few other investors and most ha...
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i'm so used to seeing the Zestimate for most every property on zillow, that am now surprised to see they have cut back on estimates for many if not most properties.wonder what happened, or if its just in my area (coas...
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I’m in the process of considering putting a rooftop deck that’s 500 sqft on an unfinished roof on a condo in Chicago IL wicker park. Does anyone have an idea of how much rent per month that would be worth? My thoughts...
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Is there a pro online who can explain the best way to access startup capital for funding my very first fix and flip? The "no money down" theory is not proving to be true so far. Up to this point, it's all about "sk...
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In September, I closed on a 4-plex in Ville Emard with the future intention of becoming an owner-occupant, and one of the tenants (paying $1300 for a 2-bedroom that badly needs renos) has decided that she wants to mov...