Goodmorning BP family- I have added an additional single family house to my portfolio so I am now house hacking two homes. Both of them are by the bedroom and this new one I just completed a master bedroom build added...
I found a good house for my first deal. The owner is elderly and his health going down hill so he's planning to move with family out of town. I made an offer and come to 60K all cash agreement. So I tell him I'd be th...
Hi all,Short background: I'm looking for my first deal - a buy/hold - and plan to get a conventional mortgage (Fannie/Freddie) because my only conventional currently is my primary residence.I can't seem to get my head...
My first buy and hold.( 2 houses for 49k ) Im inheriting a tenant that has been in place for 20 years. Her rent has not been raised since 1984. She currently pays 450 a month. ( plenty to cover my mortgage -440 -...
So question is: When you are going into a deal, and have an investor helping you, when paying them back what they put in for you, what percent interest are you paying them back at? I know this must be a silly question...
After running the numbers I decided I'll be selling my rental property once my current tenant moves out April 1st. This is a property in a suburb of Chicago.Our Property Manger called saying they need to send a plumb...
Greetings dear Owner Occupants of residential multi-family properties, or as Brandon diligently popularized, put "House Hackers".This topic aims to answer the question on how to most easily manage utilities when you a...
I see a LOT of people asking questions about LLCs, Titles, Insurance etc that don't want to seek out a lawyer. Here's a few resources to get you closer to the answer so that you can figure it out yourselves, or get c...
Hi,With regards to the title topic.I am looking at buying a SFR Note in Memphis TN.And I don't know whether the Security Instrument Type is a Land Contract or Deed of Contract or other?Would someone plz advise on how ...
We are selling our rental property and plan to use the entire proceed to purchase another property through 1031 exchange. Our idea is to partner with our son and secure a loan to purchase a residence in which his fam...