YAY! Loan limits have been increased for Chicago on conventional loans! This means the 5% down, 20% down, and 25% down loan programs. My bank can start using the new loan limits as of December 3rd. Message me for ...
Hi,What are your thoughts on renting a property to Home Care Patients who needs care. I know you have to modify the properties to ADA etc etc. Anybody had any luck with it and what is the rent expected and p&l, pr...
Hello, I am looking to assume two properties. Owner is just done with them. I have two properties my self right now. Her loans are a VA and fha loan. What can I expect moving forward?
Hi All,
Our complex in San Diego had some concrete work done that caused us to have to relocate tenants for 2-3 days. We gave them the option to either provide them with the nightly rate per diem of the rental for th...
Hi BP Forum:I'd appreciate some guidance from some of the experienced members here. I have spent most of my life working in roles that would further my education and experience towards working for myself. I worked in ...
So I just picked a random building in my neighborhood and did my very first deal analysis using the tools provided. Please provide critique on what you think were too low. I didn't know how much insurance is on averag...
Hi All,
I currently have a rental property in Jacksonville, FL in the 32210 zip code and have been paying far too much for rental property insurance. My rental is very close to some commercial properties in the area...
I just bought a 3 unit property in September that needs some minor upgrades. I purchased the property with a 20 year commercial loans because the down payment funds were not seasoned in an account. I plan to refinan...
Hey all,
I heard rumors of unintended consequences from taking advantage of forbearance programs. Specifically, when the dust settles lenders may deny loans for borrowers who took such advantage, or may want to see ...
Hi all,
I have a triplex with residential loan under my name. I just formed the LLC and plan to transfer the property to the LLC for protection purpose. However, I don’t know what to do with the loan.
Couple q...