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Before Covid, I was doing my research to invest in a 8k-10k sqft strip center or a building with store fronts and apartments on top under $1 million. I've heard so many small businesses that have closed down and I'm s...
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Hey BP! I know there are tons of "how to" and "what to look for" posts, but it helps me to see things from my own scenario. I want to analyze a property that I am looking at. It is a 12 unit property for $375k. It...
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I have a client looking to refi and I could use some help.
I hope there are some loan experts here that can help me out, because most loan brokers are not accustomed to working with RE investors.
I am t...
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Does anyone know how much money an underwriter looks for in reserves when underwriting a loan? I am closing on a $650,000 home in 25 days. My all-in cost is $19,500 which I have currently and I am considering taking a...
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I was listening to some old podcasts from "The Real Estate Guys" today. They had a special guest speaking about using life insurance as a better bank account for REI's.
Has anyone used Whole Life Insurance as a bank...
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I keep hearing on content i listen/watch that i should watch out from investing in Cook country, Illinois. Trying to understand why is that, what's "special" about that county. Does anyone have some insight?
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Hey yall!Richard here from Dallas (Grapevine). Just want to share a quick story for some encouragement and maybe get the wheels spinning for you on some out of the box real estate thinking. A few years ago I traded ho...
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Hello all!I’m a new investor here in Chicago and for my next investment property, I’m looking to purchase a multi-unit building using an FHA 203K loan. I have a question regarding the loan amount that I haven’t been a...
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A common theme is for landlords to require their tenants to purchase a Renters Insurance policy. Some take the next step and have them prove it (good idea). Here's the problem, an independent study was completed tha...
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I'm considering applying for pre-approval of a HomeStyle Reno loan I've been discussing with a loan administrator for a while. Seems like a decent go in terms of deal financing and ensuring the security of my first fl...