Jim Stamas
Need input on potential deal in Chicago - please advise!
I found a property in a very desireable area of Chicago listed for 475k (2 bed 2 bath, 1550 square feet). The HOA is only $200 (which is rare for this area). It is newly renovated but has room for some minor cosmetic ...
Raffi Mannarelli
STR in Austin TX - Getting started
Hey everyone!
I have reading and researching RE for about 8 months now and am ready to put the things ive learned to use and to start gaining experience. I am 24 and have about 90K to put towards a down payment on a ...
Eric Waldron
House Hack-When to move to SFR
I currently own a 2 unit multifamily as a house hack. Our mortgage is $1550 per month and we bring in $2050 for the other unit plus and extra $350 a month for rented garage space. My wife and I want to move to a SFR a...
Taryn Cuen
Was told One Brokerage won't do a loan for under $150,000?
We are just getting started in our REI journey and right now trying to get pre-approved and pick a market. We have $25,000 all in to invest, does that seem like enough? From everything I've read you can get started wi...
Jay Anand
First time SFH investor
Hello All,Seeking advice on the following.Looking at buying a SFH (not New) in Meyerland plaza for $449K. (3 bedroom, 2.5 baths, 2000 Sq ft)20% down using HELOC at variable interest rate.Traditional mortgage on rest o...
Craig Dail
Selling My Primary Residence
Hey guys. Looking for some input. I'm considering selling my primary residence (the only property I own) as I have about 200k I could potentially make of it. I want to use that money to invest out of state (currently ...
New Lor
Investment property financing
Hello BP community! Total newbie here seeking some advice.I have been told by my local financial institution that all of their loans for investment type properties require 25% down at this time. Does anyone have any r...
Kevin Gonsalves
Equity what to do with it!?
Hey, so I’m new in the game and was wondering your opinion on a few things. First, I have about 250k in equity from my primary residence. I want to get into the game of investing. Should I be trying to buy a 3 or 4 pl...
Braden Souder
Deal analysis
Here's my deal- Seller has a 44k line of credit on the house which she is willing to leave in place. The ARV is about 80k and already in good condition. She wants 10k at closing and nothing later other than for me to ...
Neil Klinges
Pay debt down or buy first apt. Building
So I started working for a contracting company on the road. The job is only temporary but with this job I will be able to save around 15k in like 6 to 8 months. The job could last longer but it’s not guaranteed. I was...