Heather Shannon
Best Way to Finance a Chicago Single-Family B & B investment?
Hey All,I'm eyeing a property in a nice neighborhood in Chicago that is listed as a single family. I think I can get it for $650k and would estimate putting about $150K into it to make it truly shine as an AirBnB (I'...
Nicole Farley
Which house should be my primary residence?
Hello! My first time posting as I am brand new to the game. I will be looking at a property this week from a private seller. It’s in the neighborhood I originally wanted to buy in after my divorce but couldn’t find an...
Roberto Treviño
Investing with parents or renting to them.
Good afternoon BP community. Recently my dad has expressed the idea of purchasing a home in DFW where he is currently renting. He came to me to see if I would be open to co-owning the property. That would be his...
Bobby Larsen
Multi-Family Financing Options
FYI Because I think this will have a larger impact on pricing than the shelter-in-place orders. Not only have interest rates crept up but overall terms like reserves/escrows and debt service coverage have increased bu...
David Jackson
Is the water bill not part of rent?
So i had my tenant evicted, they had not been paying their water bill so i paid for them since landlord gets to pay at the end of the day. I included that into the rent but when i mentioned that in front of the judge,...
Mark Forest
Can lender demand payment
I want to refinance my mortgage of several years, but now I have retired. Now that I am no longer earning W-2 income can my lender demand payment? I doubt it, but it's a good idea to ask since I will be contacting th...
Keoni Murray
How to check owed water bill on property in Detroit MI
Hey Everyone, I'm looking to invest in a property in Detroit MI, however, I understand that new owners have to pay the owed water bill in order to clear a property, and start moving in tenants. Does anyone know if the...
Tycoma Mcfann
First time buyer an heir property
Hello inspiring investor here, I have been educating myself on real estate for awhile even starting a real estate course, then covid hit an as a nurse I could not focus on markets, sub markets and ROI with the devasta...
Robert E.
Homeowner has quitclaimed to someone else under the same roof
I'm looking at a property due for auction sale in IL. A few weeks after the Lis Pendens was filed by the lender, the homeowner executed a quit claim deed to transfer ownership of the property to another person residen...
Ivorie Walker
Specific Subject To Questions
Hi! I’ve been diving into creative financing, reading all the books/posts, listening to all the podcasts, and watching all the videos. But I have specific questions about the steps that I can’t find the answers to. Ho...