Hi all!
I have 1 SF home near chicago IL and have been saving up for a possible MF unit and considering a STR (condo/house).
I have a few questions. Does anyone have any suggestions on different sites or ways to de...
Hello BP,I have had a rental property for the past 5 years. The property value is underwater due to the second mortgage on the property. I purchased the property as a primary back in 2008 with a 80/20 mortgage. I h...
I'm interested in any kind of commercial. Just wondering what are realistic cap rates to expect. And any way to improve these?
I was listening to a radio show the other day. An idea was thrown out that may have legs.
We know the banks and others want to get the bad loans off the books with the least pain as possible. Until this happens REI...
Investment Info:
Mobile home buy & hold investment in Yulee.
Purchase price: $90,000
Cash invested: $91,000
3 bedroom, 2 bath, double-wide mobile home with secondary, raised-ridged metal roof ins...
I am really interested in the idea of purchasing a multi-family property, likely in the Chicago area. I have found many properties in the 250,000-500,000 price range. As a commercial loan, my guess is that I have to g...
looking at a 4 plex property and really liked it.
when i contacted my mortgage guy, he said that under the fanie mae guidelines i can not qualify for something like that.
he said "you have more than 4 under mortgage...
hi all,
let say i buy a property cash for $100,000. once i close can i finance it with the bank for 80000 and keep 20000 equity. the reason i am doing this is because i am getting a really good deal with cash so i wa...
Studying this whole note world and I'm curious....From a borrower perspective, what advantage do they have going with a private lender vs going through a mortgage company/broker?Is it more because of a borrower not qu...
The market for multifamily investors is changing right now. It's providing an opportunity for owner occupied multiplex owners in the Portland market (and across other markets). Owner occupied buyers are able to captu...