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Hi All,I have investment property in another state, but I'm looking to get into the Greater Boston real estate market. Granted right now is a crazy time to be buying in this market, but I'm having a hard time wrappin...
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I'm about to close escrow on my first commercial multifamily property (>5 units) and I'm a bit surprised by some of the terms that are in my loan documents. Curious to get perspective from more seasoned investors /...
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Hello BP Friends!
I'm a licensed Realtor in IL and I am still in my first year so there are plenty of things I am still getting a hang of.
I love working with small multifamily investors here in Chicago and am alwa...
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Hi all,I’m working on an offer for a package of 4 properties, a 4-plex, duplex, and 2 SFR. The seller is hesitant because the duplex and one of the single families will be short term capital gains and he isn’t wanting...
I have not done a mortgage or refi in a decade and am currently in process with a reputable credit union. They use a third party for processing and servicing and my mortgage consultant got me a great rate as they wer...
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So my question is if I find a deal and get a hard money loan for 70% of the ARV but that much doesn't cover all the money I need for the rehab what would be another way to get money other than just saving from my job?...
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I just purchased an investment property for $91,250 with 20% down on a FNMA backed loan at 7.625% interest and was charged the following:3.909% loan origination: $2,854Appraisal management fee: $85Processing Fees: $80...
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Hello all,I have a quick question about the BRRRR strategy. I am planning on buying my first owner occupied duplex in the near future with an FHA 203k loan, allowing me to roll rehab costs into the mortgage. After run...
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Hey all.
I’m also a total first timer, been looking for first RE deal for 14 months, nothing so far. I recently came across a MHP offer on the MLS near my home and am having trouble analyzing the deal because ther...
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First off let me say I'm at work right now writing this post and I'm using voice text so any misspellings I apologize hopefully it'll come out legible So I found out last night that my grandmother died and now the ho...