Hi BP family, I have never purchased a Multi-family property before so I'm hoping I can get some advice on, what requirements lenders are needing from me? Should I find a good deal and then get pre-approved? What else...
I’m thinking about picking up a property in Baltimore that may be able to convert to 2 units. The lady told me most of the properties around there operate this way. With this one, it used to be metered separately but ...
I used my HELOC, cash and credit cards to rehab 3 properties I bought in July. I want to refinance all 3 when they are rented out (1 unit has been rented for 2 months). Will banks give me a hard time when it comes tim...
Hello guys,
My friend has a house in Chicago. She bought a single-family home with an additional unit in the basement that is not an official/permitted unit.
The house was already rented to Section 8 tenants (both u...
I'm a new investor looking to acquire 2-4 flats in Chicago's northwest neighborhoods. I'm looking for value add properties in which I can adopt the BRRRR method and try to pull as much of my initial investment out of...
I am wrestling with putting in plumbing, vents and stack units for a two flat with garden unit. I estimate I can get an extra $150 to $200 per month for each unit, but I also want to add central air and I am thinking ...
I am doing a 1031 on the sale of a property that has been depreciated down to nothing (it's a condo). I own it free and clear. I would like to have the cash - but not the tax bill. I am thinking that if I buy a ren...
I'm a new real estate investor, just starting out in the Houston area. I'm planning to attend a few of the REIA meet-and-greets in the area in the near future to start building a network of contacts, and I'm trying to...
Investment Info:
Single-family residence fix & flip investment in Kansas City.
Purchase price: $94,266
Cash invested: $1
Sale price: $165,000
11803 Lawndale, Kansas City, MO
Newly remodeled....
Looking for local lender in the market who can pull together 3 pre-approval letters in 1 day on a series of 3 4plexs. I want to get 3 conforming agency loans to close simultaneously.
Appreciate the help