Aletha Brown
What’s my next step?
Good morning guys! I have a few questions about my next step(s) so I’m hoping I can get a little advice. I’m from Chicago and will be investing in the Chicago market. I am only interested in multi-family. I have an in...
Allen Wu
2nd lien is messing up the deal.
Dear All, I need some advice on this deal. 1st is with WF and they approved the short sale already. The problem is with 2nd, Chase.
Chase needs 10% (which is about $15K) of the original loan amount PLUS a promiss...
Amy A.
STUCK! Seeking encouragement for which route to take.
I'm looking to start my RE investment journey. I've hoarded cash, am debt free with a credit score of 815. Ready to go. I currently rent. I've heard three schools of thought as to where to start. What is your opinion ...
Brian Ellison
Commercial Strip Mall: What Am I Missing?
Hello! Here's the deal: I found a strip mall listed for $900k, 4-unit (fully-leased). Looking to approach the seller with a rent-to-buy option or seller financing at a 10% APR. List Price: $900,000Tenant 1: Chiropract...
Marna N.
Bankruptcy? Who to contact?
Hi all. My partner and I were driving for houses, and came across one that appeared empty. It had a "winterized" sign on the front door so we came home and researched it. The house is still in the ladies' name, wit...
Teddy Williams
New Member, I own 11 properties, but want advice on refinancing
Hello, new member from Houston,Tx. Im a conservative investor who owns multiple properties that are paid off and I'd like to know best options for refinancing my current properties before I talk with my bank so Im edu...
Tim Viviano
LLC and piercing the corporate veil
I am interested in hearing opinions (not legal advice of course) if you have the time to respond. If I purchase a rental in my name, keep the loan for it personally, and deed the property to my LLC does that make it e...
Joseph Abbott
Carpenter Training then Auction
Hello All, My name is Joseph. I'm originally from Detroit, MI. However, my family and I have moved to Tulsa, OK just for a fresh start. I'm looking to get started in Real Estate, but I'm having a difficult time figu...
Bradford Myatt
Buying a SFH with negative cash flow
Hey All,After analyzing a deal for a SFH rental mortgaged over 15 years I have a negative cash flow for the first six years. Is that an absolute no-no? I prefer the buy and hold strategy so I don't mind having negat...
Jonathan Li
Young Investor In Toronto
Hi Bigger Pockets!I'm delighted to be joining this community. Heard so many great things so I'm introducing myself and excited to meet everyone.I'm a recent business graduate working at a tech startup in Toronto. Desp...