![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1624675/small_1621514263-avatar-charlesj134.jpg?twic=v1/output=image&v=2)
I’m in the super early stages of looking for a 2 unit properties in Chicago. Is there a formula or strategy I should be going off of to determine the appropriate down payment amount?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/9475/small_1621348880-avatar-imdagame92.jpg?twic=v1/output=image&v=2)
Hello everyone! I could definitely use your help to make sure my thinking is on the right track with this one. Here are the numbers:
The house is a 3BR, 1.5 BA rancher. It is 1120 square feet. The owner has finan...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3064008/small_1719780935-avatar-alexs1153.jpg?twic=v1/output=image&v=2)
I am looking to purchase my first rental property. Love the idea of house-hacking and the ability to use FHA loan. However, my area of CT has minimal options for multi-family homes. I am at a point where living with r...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1116701/small_1625174385-avatar-jeffa116.jpg?twic=v1/output=image&v=2)
Hey guysI just bought a mixed use multifamily with cash. Two 2 bedroom units and one storefront.I was looking to add an additional unit as well as other upgrades.Ideally, I'd like to cash out most of my money after th...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/134635/small_1621418593-avatar-flyfishing94.jpg?twic=v1/output=image&v=2)
Here is what I think I know a Lease Option is so far; looking for advice on what I have wrong, if not the entire thing:
Say a man is selling a $165,000 home for the mortgage balance of $150,000 to avoid foreclosure. ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/361329/small_1621446627-avatar-themortgageboss.jpg?twic=v1/output=image&v=2)
Hello,Does any have a Rent to Own agreement for Ontario Canada, that I can have a copy ofThank youJanek
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1840277/small_1665085319-avatar-joshgreen.jpg?twic=v1/output=image&v=2)
Hi All,I'm really digging and am not finding much. I'm looking for advice on finding a low-down (<\= 10%), low interest rate (<6%), and 30 yr term lenders for owner occupant multifamily purchases (not FHA). Any...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1943487/small_1621516877-avatar-hutch800.jpg?twic=v1/output=image&v=2)
I'm assuming most wholesalers use purchase contracts, but does anyone use a lease options to control the deal and then look for a buyer?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/955368/small_1694640060-avatar-andyd37.jpg?twic=v1/output=image&v=2)
Hello,
> Assumption:
- Single Family residential rental (one-unit) (CA) with good (~45%) equity built .
- DTI maxed out for Conventional loan requirements (Freddie-Fannie based loans)
- DSCR just reaching...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/7564/small_1621348162-avatar-ohioinvestor23.jpg?twic=v1/output=image&v=2)
Hey guys, help me structure this deal here:
I have house under contract for 25k. Needs repairs 15k. Worth 80k.
I was going to wholesale this house for 28.5k via double-closing...