Murali P.
Seeking advice on a condo unit purchase in Chicago
I recently signed a contract on the purchase of a condo unit in downtown Chicago. It was listed as FHA approved building. It was going to be our second home with our daughter living there. Applied for mortgage, since ...
Roy Gutierrez
Tenant out, girlfriend still in the house
Hi guys,The lease with my tenant ended but he paid for an extra month (last month is may), he had a fight with his girlfriend (she's not on the lease), he moved out and she stayed. I asked tenant to make sure she leav...
Manish Shah
Condos with high number of investment properties
Just reaching out to the experts in the community for some advice.I am closing on a condo with a cash deal and wanted to get the cash out. I started the cash out process while the closing prep was going on. Title sear...
Eugene Onishkevich
BRRRR in affluent town of Randolph, NJ
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $230,000
Cash invested: $200,000
Hello Bigger Pockets community!
I'm excited to share with you my recent BRRRR (Bu...
Bryce Y.
ATM business. Putting an ATM machine on a MF property?
Just thinking out loud here. I'm always looking for additional income streams. Anyone know anything about running an ATM business?. I read a bit about it online from various websites, but from what I’ve seen there i...
Jesse Smith
Getting Past the 4 Mortgage Rule - Business Borrowing?
My wife and I have three conventionally financed properties (including our primary residence). We are in the process of purchasing a fourth, with a fifth identified. As I understand, conventional financing is genera...
Mike Whitehead
LOOKING FOR IDEAS... NOTE BUYERS VS PASSIVE INVESTORS?
Hello everyone, So I have been investing for about 3 years and have made some awesome progress in the last year. I have taken a few models and put them together. I have taken the mobile home investing world and merged...
Brandt Thompson
How to Qualify for a New Home Loan w/ investment property limiting my Buying Power
I'm early in my stages of RE investing. We bought our 1st home, saved some money and bought a duplex investment property. It's now time for us to buy a larger family home, but I don't want to sell my 1st home b/c I'm ...
Account Closed
Effect of flood zone on rental and resale value
I'm looking at a property in Indy that I can pick up at a good discount to the comps ($42K vs. $ 53K comps). Its in good condition and rent ready. The only catch is that its in a flood zone. The cost impact is that I...
Jon Sheffield
Contacting bank for possible foreclosure status?
Hello all,I've been looking at this fourplex that has an out of state owner and looks distressed. Looking at the deed I came across a couple of interesting things unpaid taxes etc. I also came across a portion where a...