Barrett A.
Opendoor = We’re Doomed?
Hi All,I was hoping to get some of y’alls opinions on how today’s news about Opendoor could impact our business.I have personally received a slick letter from this company, offering to buy one of my rentals.They just ...
Nathanael Giovanni Opoulos
The math behind equity
I can't seem to figure out how to search the biggerpockets forums. If someone else had already covered this question elsewhere I was unable to locate it.It had only been a few days since I began learning about real es...
DAVID GAGE
Winterization issues with my first HUD
Well we closed on our 4th foreclosure this week. This one being our first HUD. The others have all gone off without a hitch. We had our HVAC guy come out to fire up the heat and got some very bad news. The house has b...
Dimitri Savidis
Lending options beyond FHA and 25% Conventional?
It seems that my only non-private mortgage options are FHA and a conventional loan at 25% down. I apparently make too much to take advantage of state / agency-backed loans that allow for lower than 25% down.I’m 25 wit...
Jodi Smith
Need help with 100% financing for a rehab
Folks do any of you know of a good hard money lender in IL That can do a quick close with 100% purchase price funding and rehab? I have the funds to cover the rehab until the draws to cover the projects. Thank you
Osama Syed
Evicting Tenants on MFH purhcase.
I am looking at a property that currently has tenants. This is a MFH with 2 Units. I plan on living in one of the units. Does anyone have experience with evicting tenants after purchasing a MFH and based on a quick go...
Oscar Macal
When and how to reject an applicant?
Hi guys,
I'm new to Real Estate investing and looking for my first Sandwich Lease Option deal. I know that for any applicant that applies, if rejected, I must send/give them a written statement letting them know why,...
Baha El Far
help me with a smart decision ( short term rental VS long term)
All,I hope you are doing great.I have an apartment 2bed/1 bath that I own and I am not sure if I should rent it out as a short-term rental/airbnb or long term. I heard the tax rates for short-term rentals are higher a...
Catherine Brennan
Is there such a thing as traveling/nomad contractors?
We purchased two properties in Upper Peninsula, MI that each need extensive work - foundation to roof.This is a growing town with outdoor activity and climate migration its primary draw. We thought we had a good GC ...
Yanaki Bitsin
What areas in Chicago and Suburbs there is a demand for Midterm Rentals?
Hello everyone I'm new to real estate and trying to learn as much as I can. Right now, I'm working on getting pre-approved to buy a property and want to make the best decision in terms of optionality (exit strategies)...