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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Chicago.
Purchase price: $650,000
Cash invested: $65,000
Buy-and-hold house hack in Chicago's Lakeview.
How did ...
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I understand a lawyer may be the best suited to answer this question but I thought I’d put it in the forum. My partner is fairly certain he’s headed towards divorce.We own a small portfolio together in an LLC.How are ...
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I just want to vent really quick. I think I'm about done with JV wholesaling. I brought a buy to 3 different deals, got a verbal agreement on the asking price, just to have them taken away for a few thousand dollars. ...
How do I graciously raise the asking price on a rental unit I already listed? It's been 24 hours and I've had over 50 inquiries. I've interviewed four prospects and two were really good. But based on comments on the l...
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They have two expensive/alligator houses bought at the peak about 6 years ago. The owners are independently wealthy and thus are not concerned about their 800+ FICO scores going away. All loans are purchase money no...
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Earlier today, I was sent an article from the folks at Forbes that they thought our readers would be interested in.
The article is a great read and brought a new perspective to things for me.
Subprime In Sheep's Clo...
Dear BP nation,It has been the common practice of "landlords" to feel entitled to a prospective tenant's Social Security number (SS#). In light of data breaches and identity theft, efforts to screen a tennant must be ...
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Looking to start purchasing homes for buy and hold rentals, I'll probably do a cash out re-fi on my primary residence. Does it make more sense to cash out and rent my current home to a tenant, or use the cash out and ...
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We have a commercial property under an LLC. Recently, we also purchased a residential lot (under the same LLC), where we plan to build a house and sell. Would you recommend we put them the two properties in separate...
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Hi, I'm a newbie investor looking to for my 1st deal. I want to get a heloc on my primary home as a possible way to fund it. But I also have an adjustable arm with the interest rates slowly inching up so I need to re...