Hello all,I am currently looking to get pre-approved for a loan to buy a single family house so that I can live in one room and rent out the others to help pay off the mortage and eliminate my living expenses. I have ...

Here are the specifics. I have ownership with my wife and older son and his wife, all 25% each as members in two different properties. One is a 5 plex, Powell Properties Milton St, LLC and another 8 plex, Powell Prope...

Hello everyone!! I'm fairly new to REI in Chicago but full of passion when it comes to all things real estate. I used to sketch architectural plans as a kid but let my career path take me in a couple other directio...

Besides a heloc, what other unorthodox ways have you been able to front money or finance a renovation or adu?

Hi BP Team - I'm hoping to get some advice from some experienced private lenders or hard money lenders out there. I'm trying to define a "Good" Hard Money Loan - both in terms of the borrower, and the underlying deal/...

    This is probably the most confusing aspect of multifamily for me and everywhere I look I seem to find different answers. How would I structure my first deal between two other friends and I? I would be the one fin...

Hello BP family!I have two new investors who want to partner with me on fourplex and multi-family commercial deals. None of us have experience in commercial investing, but we are aggressively attacking the knowledge b...

Hello BiggerPockets.I'm pretty new to the real estate investing business. I do not currently own any properties. My aim in to obtain 2 rental properties in the next 12 months, and scale up as I go alone.The issue (a g...

Hello BP Community,I want to start flipping homes in my market, and potentially out of state, and I want to know how to budget for a General Contractor. For the first few, having a GC work with me, I think it will all...

Why?Didn't want to hijack the other thread but it seems like this is the question investors should be asking themselves.  If you can consistently receive $700 rent on a $30,000 purchase then why doesn't the market bid...