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I've done my homework and I can now analyze a small multi-family (2-4 units) in a few minutes. I'm working on getting my first deal. That said I'm quite enjoying the BP podcasts where folks just jumped head long into ...
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I have a couple interested in a unit. They did a smartmove credit check, and both came back with "Not enough info".They make well in excess of the rent, about 5 times. Verified income.But there's no credit cards, no l...
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Hello everyone!
I'm Adam Bandola, a 22-year old recent college graduate who's looking to be get started in small multi-family units in the Chicagoland area. Having lived around Chicago my whole life, the dream is to...
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I bought my first tax liens last year with 1 year redemption. I went to look at the properties today to make sure they were in good condition and discovered one had burned down. Has anyone else had a similar experienc...
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Hey All! Curious if anyone has insight or experience with buying a 2-Flat property in Chicago with a finished basement that is not technically a legal unit. My plan would be to live in the basement unit and rent out t...
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Hi! Has anyone had experience using all in one loans / vortex loans? it sounds good but I'm not sure if it's the right way to go. Basically it's a faster way to pay down your loan because it applies your payments t...
I really want to eventually own hundred of rental properties but it seem like all the info with zero down are far from the truth and its really hard to find people or mentor who really want to help me with info unless...
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Hi everyone, I'm new to real estate and I bought my first property(old 2 bedroom condo in Toronto, Canada) last September. It was intended to be a primary residence but my partner and I moved back home with our parent...
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Greetings fellow BP'ers...I have been doing some private lending (for some BP users as well as others) for some time now. My general parameters are 12%, 4 points origination fee (rolled into the note), for one year wi...
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I am by no means the biggest expert on this area on BP, but I have been seeing a lot of questions, especially from out of state investors, about this area. I thought I would take some time to put together this short g...