Has anyone encountered this kind of issue during an inspection?If so, what was the cost of rectifying this issue of asbestos was found?My contractor is dealing with this at one of his properties.He purchased an older ...
Using the BRRR method I am looking to make my first purchase and I found a house divided into 4 units with a total income potential of 1,900 monthly. I am going to have a contractor look at the property but for now a...
I might becoming a landlord for first time or might just hand it over to a property management company, my question is once i find a rental agreement, there are plenty out there, what is next step. Does a lawyer have...
Hello All,I am currently looking for the best possible mortgage option to finance a 3-4 unit property and have overwhelmingly been geared towards an FHA loan. After talking to a colleague, he pointed me towards lookin...
Are you able to get a turnkey for $30k in a Class C neighborhood that generates at least $200/month cash flow? This would not be a downpayment, I mean all in for $30k (could come up with closing costs separately).I'v...
Hey guys & gals! I got a transaction idea and I'm looking for some feedback on it. Here it is: 1. Get a Sub2 deal2. Close it in a Land Trust w/title transfer3. Pull out equity later for reinvesting the fundsAny pl...
The short answer: Yes
This is likely not news to a lot of you, but FHA and VA loans can be assumed (usually) at the original terms. This means that these rates can be from 2020/21/22.I've seen an assumable FHA loan ...
Hello all, I am new to real estate investing and have been educating myself for the past year or so and decided to finally pull the trigger. After looking for a bit, I found a Duplex that will cashflow pretty well. I ...
We've had a brutal winter in Chicago this year! Lots of snow and ice.
So a tenant in one of our building's rents an illegal basement apartment. We bought the building in Oct and inherited the tenant - I didn'...
If my company hosted a real estate lunch meet up monthly or quarterly, what would entice you to participate? Speakers? Panels? Etc.