Kuriakos Mellos
Buying a first mutliunit out of state? Pros - cons? Looking at WI
Hi there, after reading a few posts and going thru one of the books Brandon wrote - I realized that I might be able to find a much better deal by just heading north of the border of IL to WI. Has anyone gone thru ...
James Chambers
Gut Rehab - plumbing & electric costs
Hello, Has anyone ever done a gut rehab on a multi-unit before?
1) About how much is electrical and plumbing for a 8,000 sq ft - 16 bds / 7 bths?
2)Is there a rule of thumb to figure this out for future properties...
Donald Aleshire
HELOC on 3 flat Owner Occupied
Does any one have a recommendation to work with on getting a HELOC for a 3 Flat Owner Occupied in Chicago?Due to COVID, the bank I am working with (The Huntington National Bank in Bucktown) is only providing 85% LTV. ...
Donald Aleshire
HELOC on a Owner Occupied 3 Flat
Does any one have a recommendation to work with on getting a HELOC for a 3 Flat Owner Occupied in Chicago?
Due to COVID, the bank I am working with (The Huntington National Bank in Bucktown) is only providing 85% LTV...
BenO Roughan
Househacking - Illegal unit as a crashpad?
Hello there,
I can't find much in my research but I am just wondering the risks being taken if I own a multifamily property but I live in illegal unit as the owner. I know I cannot collect rents against an illegal ...
Robert Brock
Looking for good funding options in the Chicago land area
Hi BP,
I am newbie to the real estate investing world but have been in the construction business for 13 years now. Right now I am looking to build a list of cash buyers and private/hard money lenders. Can anyone reco...
Hai Le
Looking for a lender or mortgage broker with HUD experience
Hello everyone! I'm still new to REI and still learning a lot here on BP. Was wondering if there is any lender here or recommendations for lenders serving the Inland Empire with lots of experience in HUD homes? I'm al...
Scott Garrett
Value Of College Dorms
How do I value college dorms? I have beds compared to units. I am in southern Illinois in rural communities. I am 5 hours south of Chicago. Is there a formula for this application? I am looking at dorms in 2 diffe...
Kate J.
Chicagoland bathroom renovation
Hi All, I need some estimates on the labor cost for (a very standard) bathroom renovation in chicago. I need to change bathtub toilet, put in new faucets, vanity, put in new tiles and paint it (it has wallpaper right ...
Andrew Huff
Shout out from Palm Coast Florida
Hello, I just joined today. I spent my first 39 years in the Chicago suburbs and now am living in the state of sunshine. I have started a real estate brokage to be based on honesty and professional dealings. Wish me l...