I need some advice on how to proceed. I may have committed a rookie oversight when I bought my first tenanted rental last month (only my fourth rental property, overall) from a whole seller in Indianapolis.
Everythin...
My partner and I just purchased an investment property in Chicago, IL and I figured I would come here to walk through the deal.The property is in the Logan Square neighborhood of Chicago which is a hip, up and coming ...
How do you know when is the right time to make the leap? We're considering a STR. How do you know when to pull the plug and purchase your first investment? It's such a big purchase when you have a family with little o...
I’m considering a multi-family building in the Chicago area that has a Fannie/Freddie type loan in place at a very low interest rate. After assuming the loan, there is still another $600k that I would need in order to...
Good Morning!!I scanned the vast corners of the Forums to find a discussion on this topic to no success, however, I am fully aware it may be my fault for missing it, or looking in the wrong places. That said, my quest...
Greetings and Good Morning to all the great individuals here on BP!My name is Matthew Crawford and call it fate or simple luck, I stumbled upon the BP community a few months back. Ever since then, I have been actively...
I have my hands in quite a few different Real Estate pots- but it seems like one thing is always the same.
"Where is it located?"
Its a Valid question but I have come to realize that it carries perhaps to much weig...
Hello All, I am currently renting a 3br 1bath SFH (my grandmother owns the property) and I mentioned my plans to save 10k this year to purchase a rental property and move out shortly after. I was told if I move she'd...
Talking about BRRR in Oklahoma City (OKC) here. How do you get the appraisal up so that you can get the most on your cash-out refi? Will appraisers take into account rental income? I mean, if I have a house that's bri...
Hello,
I am an investor who is interested in out of town multi family investments. Recently analyzed 2-3 Fort Worth deals, liked the numbers and started discussing with the sellers agents. Here are my challenges:
1. ...