Sebastian Izquierdo
New Member in Chicago
Hello! My name is Sebastian. I'm a regular Jose, in my thirties, latino, blue collar artist and would-be entrepreneur. I've decided to get a broker's license in order to increase my wealth and improve my standard of l...
JM Payne
HELOC vs Mortgage with new tax changes
Hello all, I have a sfr rental owned in a passthrough... looking to pull equity to buy more. With tax changes, am I better off with a rez HELOC, or just taking out a mortgage and letting tenants pay it off, and why?Ty!
Mirza Baig
Costs Associated w/ Fix n' Flip
What are the costs one should take into account before making an offer (closings, rehab, loan, holding)? For example:
Rehab/Repair CostTitle FeesLoan InterestPointsDoc FeesTaxesHolding BillsInsuranceCommissions
...
Vasilii Aramilev
Recommendations for the Bank to open LLC Account
Recommendations for the Bank to open LLC Bank Account, I mean bank who can lend you money in the future or maybe any other advise. I use Chase for another business but don't want to put all my eggs in one bucket
Eric Niezgoda
Individual room rental when I don't live there
Good morning everyone. I don't post much here but I read and learn a ton. I am looking for input. I have the opportunity to buy a former B and B. We are considering renting each room by the month. 1 room would have a ...
Brandon Ja
Are add-ons a capital expenditure?
Good day my BP family. It's been a few weeks since I reached out but I am moving into the remodeling phase on my property. Long story short, I have a 3 bedroom 2 bath single family house in the Virgin Islands. It h...
Account Closed
Do Do I need central air?
I have an SFR in Indiana. The property has forced air heat, but no A/C. Originally I planned on installing central air. But I’m beginning to wonder if it’s overkill. It’s a very small 2 bedroom bungalow (700) sq ft in...
Ryan Mackereth
Mortgage increased April 2021? Tax increase? Anyone else?
Hi there everyone!
Do mortgages with escrow built in just increase randomly? Is it due to increased taxes?
My wife and I had our mortgage increase by quite a bit this month, due to unanticipated escrow increases. I ...
Jerryll Noorden
Help on negotiating
Hi everyone.I am dealing with a situation here.I made an offer, the owner likes the offer.As the owners are a brother and a sister, he (the one I am dealing with, brother) wants to run it by sister.It is taking weeks ...
Aniqah Kalam
Property 2: Turn Key Investment
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $1,380,000
Cash invested: $450,000
I was looking for a multi-family investment property in the same neighbor...