Just an FYI.
Yesterday, I received two letters from my credit union regarding two mortgages that I have with them. These letters requested that I call the mortgage department of the credit union ASAP in order to di...
I'm trying to understand how capex reserves factor into NOI, Cap Rate, Debt Service Ratio, and other metrics. Lets assume the following yearly numbers for a Single Family Residence (these numbers are made up, try not ...
View reportThis is a 4 plex needs TLC2 x 2-bedroom units2 x 3-bedroom units
Hello, I purchased my home in 2021 for $38,000 and put about $40,000 I to renovating it. It is now worth around $165,000. I have a loan through a private lender for $70,000 at 7% over 15 years. I would like to get my ...
Hey BPI have separate LLCs for my properties. Do I need to have an operating agreement per LLC even though they are solo? How important are operating agreements in a solo LLC?
It was interesting to read the case schiller housing data released on Nov 29th which re-affirmed my belief that Chicago is unlikely to see significant price declines. Chicago month over month decrease was only .6% vs ...
So I’ve come across an incredible opportunity in my hometown, 3 individual unit 0.73 acre LOT listed for $1.99 m. The back units consist of 2 individual 1150sq ft houses in need of full renovation but still habitable ...
So I'm posting this here because I wasn't quite sure where else to post. I'm looking at my first rental property and I will be using a property manager. I'm looking around Roofstock and one of the PM's I see over an...
Can me getting pre-qualified hurt my credit score..and up to how many lenders are allowed to run my credit in this period?
All feedback is appreciated!
Thanks
Okay, so in addition to the 3/2 I posted about a few days ago (which I'm going to take another look at today), I'm also trying to analyze this duplex. I'm going to approach this a little backwards and list all num...