Hi BP family!I am trying to buy a duplex in the southside of Chicago (Woodlawn). I always thought an investor mortgage was 20% down, but the lender from Perl mortgage said it is 25% down for a multiunit.Does anyone ha...

Hey BP Folks,So I have been looking to invest in trust deeds for some time now, but there are still a few things that I am hoping to get clarity on before making the leap.  The confusion I am getting is in relation to...

Good Morning All,i've recently received some abbreviated information concerning the foreclosure market that i was previously unaware of and it has set me on fire with interest as it sounds right up my alley. I do not ...

The Equifax hack is a major deal. EVERYBODY should lock their credit report. Period. Our personal information is now in the hands of who knows who!?! Are you protecting consumer data that you see when shopping for not...

Hello, When reviewing a multifamily property and the current rent is listed how do you verify that the current tenants are actually paying their rent? Anyone can create a spreadsheet. I often hear about the rent roll ...

Hello All, Background: Wife and I both educators and I am also a realtor. In the past year we have scaled from 1 STR to 10. We even bought a new primary (temporary) to unlock the rental potential in our first primary ...

Currently in negotiations to purchase an off market 5+ unit apartment. The owner provided the T-12 and rent roll, but wanted to hire a local commercial appraisal company to get an idea of what he should sell the prope...

Hi all,
I am renting a house next month to a current tenant at a different property who wants a bigger place and also wants to move in together with her boyfriend. Both currently have their own places and each have a...

Hi BP, 
I'm in the process of closing on first property, a 2-family house hack in Union city. I was waiting on the Certificate of Occupancy and Smoke Cert before scheduling a closing date. 
Towards the beginning of ...

After closing on my multifamily some of the tenants refused to pay rent for December and January because they said that they paid the previous landlord. They have receipts. The previous owner is not responding to my c...