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BP - help me out here, as this is really throwing me for a loop —Everything I’ve read and been told says you need 20-25% down on investment properties ie: non-owner-occupied I’ve seen a few BPers in the deal diaries s...
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Hi everyone,
My name is Rahul and I live in Chicago downtown. I currently own six properties in Indiana and I'm now looking to buy a condo here in Chicago for personal residence. I know condos might not be the best i...
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I used BiggerPockets tenant screening tool MySmartMove to screen these prospective tenants for my first rental. My question is would you rent to this couple?CoupleAge- Husband-54, wife 49 Non-smokersNo animalsRenting...
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Hello all, I am in the process of purchasing a 2 family home using a DSCR loan. This is my first time going non conventional. I am trying to figure out the numbers to see if it is profitable. Any advice from those who...
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Hello All and thanks for stopping by to help.I purchased a SFH in 2019 in Saratoga Springs, NY. I purchased a fee title insurance policy on the property. No issues arose regarding the title when we closed on the prope...
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Hello all,
I’ve been looking into note investing and am curious what everyone’s experiences are on BP. Notes seem to be pretty capital intensive due to the cash purchase requirement. For example, with $50,000 availab...
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We have always taken a non refundable pet fee, varying between 200-300 bucks. But I've talked to fellow landlords in the area and they mostly add additional rent for pets, between 25-50 bucks a month. Which do you ...
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I have a seller that owes too much on his loan for a SFR-rental (in Chicago, IL) that brings in $1500 monthly via Section 8. The problem is he bought in the RE boom in 2008 and owes too much. He does however have a 40...
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I have a dilemma: I have a 15 year old BMW that now costs more in upcoming maintenance than the car is worth so it's time to get rid of it. I plan on getting a modest, 3+ year old used vehicle from around $12,000 or ...
Hello everyone,
My fiance and I are new to the BiggerPockets community and are looking for some general guidance. We have a vague idea of what we're looking to do, though it's so early in the process we are amenable ...