What do banks look for? Are there any loan officers/underwriters here that can chime in?
Here is what I know. I believe that loan officers make about 1% on loan amount. So, they are always looking for solid invest...
I am hoping this post will help those interested in the BRRRR investment strategy avoid this common trap. From what I consistently observe, the ability to complete the BRRRR investment strategy and recapitalize onesel...
In Midwest cities such as Indianapolis, Detroit, Milwaukee where there can be some really cold winters, is there a concern about the old plumbing system in the home? I've heard of old pipes bursting and causing costl...
Hi Fellow BPites,I recently ran into some bad luck and had two major plumbing repairs on two properties. Expenses were $2.5K and $5.5K (& counting) respectively. In both cases I had sewage backup into the home. Th...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $268,000
Cash invested: $16,800
This was my first investment. I was very nervous about jumping into a fir...
I have a 5 BR/2 BA single family home that's RM-1 zoned. It's very hard to find single family that will occupy all 5 bedrooms. So would this be a good idea to give tenant flexibility to host airbnb on the unoccupied r...
Hello construction people,My brother and his coworker are looking to ditch their fencing jobs and become an independent company. They're looking to start out fencing but could get into excavating and other jobs needed...
I have an existing LLC that was used for a couple of fix and flips in the past. A week ago I closed on my first investment property. It's a single-family condo purchased by me the individual with conventional financ...
Here is a question for all buy and hold investors specifically. How do you feel about life insurance? Do you have large policies ($1M plus) or are your investment properties your form of life insurance if something h...
What are some GOOD pre qualifications to use? especially in the URBAN community? - Whats your application process?