Mitch Freed
Federal Tax Lien
A property just sold at auction that has a 60K federal tax lien. I have been to the IRS website and I am familiar with the 120 day timeline for the IRS to redeem the property.
Has anybody ever successfully purchased...
Sam Lee
Deal analysis
Im looking at a couple deals around my area in Jefferson Park Chicago. I was wondering if you could check out this deal to see if this makes sense
3 unit house in Jefferson park
Purchase price: 185,000
25% down paym...
Joe Miller
Bank financing
I am purchasing my first rental cash. I want to improve it, then get a mortgage. I've talked to some institutions and have heard a few things.
I can get 2 or 4 properties financed at 30 yr best rates, get resold.
Af...
Deven L. Richardson
Getting Pre-Approved after opening credit card?
Hi BP Community,My wife and I weren't going to look for our first home until the spring of 2023, so she decided to get a new credit card earlier this month. While casually scrolling through realtor.com, we actually fo...
Alex Boyce
Over-Leveraged / Fear of the First Deal
Like most new investors starting out, I have a few good things going for me (steady income, great credit, education resources, support from family), and a few barriers to overcome (no cash, no assets, limited network)...
Aron S
Confused about FHA/short sale/coop pros and cons
I am new to investing and ideally would like to find a place I can rent out or maybe live in one room and rent out the other. I currently rent myself so moving is not an issue.
I have done some reading and some look...
Timothy G Dunson
Maximizing Returns: Why Residential Multifamily Properties
Are you eyeing the vibrant real estate market of San Antonio for your next investment? Curious about the potential of residential multifamily (2-4 units)? In this blog post, we'll delve into why these multifamily gems...
Vladislav Bobkov
Is Florida Orlando a good place to start house hacking?
Hello BP community,
I am excited to share that my spouse has secured a job in Orlando, FL, and we are considering obtaining a conventional loan for a 2/2 single-family home or condo instead of renting, with the inte...
Stefani Mokris
Financing a property with a LLC
Hello!I would like to know if I want to finance a property using a new LLC, are DSCR loans my only choice for financing?Thank you!
David Spencer
500k in Shoreline, West Seattle, Or Rainier Valley
Hi There,I am looking to by my first house. I will likely live there for a few years, and then keep it as a rental property. At the moment my price range is around 500k. After checking out houses all over Seattle I've...