Hey guys! Looking for advice on how to structure an offer if we pursue a business opportunity. We've never done any creative financing or seller financing up to this point. This would be a real estate and business pur...
I am looking at purchasing a small portfolio of SFR properties below market value. I am interested in putting long term debt on the portfolio, however, I wanted to know if anyone knew any lenders that lend based on an...
Hi,
I recently got my real estate license, though I'm primarily an investor.
I have experience of closings from the investor side but not much from the agent side. I wanted to initially hang my license with someon...
Hey BP, can someone walk me through how a lease purchase works? Everything on google is written as if i am the renter and trying to purchase the property. I am an investor and want to purchase a property. My main ques...
I am working towards being a new landlord and am wondering if I need to have a lawyer. I have never hired a lawyer before and don't even know what questions to ask them or what a typical client/lawyer relationship is....
My tenant has been late on rent since before Covid. She gets a portion of her rent from her church, not to mention it’s below market rate for her unit. She has a five day grace period from the 1st to the 5th. How shou...
What are portfolio lenders? Any examples?
I see other investors building on to existing houses to create more spread on their flips, but I just don't understand how to make this work. I have done several flips, but never incorporated an addition. Most neighbo...
Hi everyone! I have a potential new tenant that receives assistance from the state that asked me during the application process if we could include electricity in our rent every month. Typically all utilities are paid...
Hello all!I am a new investor in Chicago. I haven't bought any property yet. My plan is to purchase a multi-family home using the BRRR strategy in the Pilsen market with short-term cash (perhaps a hard money lender?) ...