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Hello everyone, I'm just starting out and would like your advice on this investment. Basically, it's going to be owner finance over a period of 18 years. The property has 2 houses on it and the asking price is roughly...
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Hi guys - I have a big goal: To purchase and renovate a four unit property in the Trinidad or Kingman Park neighborhoods of DC with a FHA 203K loan, rent out three units for a year while I live in one, and then conver...
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There's numerous stories we read describing instances of tenants and guests refusing to vacate properties, and the government supporting them in that endeavor. How do you feel knowing there's a variety of situation...
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Hi, I'm looking on some advice for my next step. In October of 2016 I bought a 4-5 unit building for $655K in Chicago (5% down). This is legally a 4 unit building, we have restored it to 4 units, but it has a mega uni...
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My wife and I are new to this and are saving for our first property our goal is to start looking for properties in November 25, we have a couple questions, would it be wise to invest out of state for our first time in...
I could really use a bit of advise here, I'll keep it short and skip the background story.I bought a condo ~4 years ago and hired a property management company to take care of it. After a few months, I left the countr...
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I have worked most of my life in residential construction. For 5 years I lived near Panama City Beach Florida building homes.
I decided to switch to commercial construction and am currently seeking a degree in const...
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Greetings BP,Hope everyone is well this Friday!As the title suggests, there was previous work performed on the SFR (1400 sqft) 4/2 in 2008. The public records show the Engineering Executive Summary Report of recommend...
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I'm looking to buy a 2-4 plex using FHA in Chicago to house hack soon and start a career investing in real estate. I like the buy-and-hold multi-unit strategy (for now); that means I'll be buying more units in the fut...
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Hi all, I'm in the process of acquiring my first rental property and I'm struggling to determine which route to go. Do I put 15% down or 20% down? The biggest difference is the interest rate, 5.35% vs 4.25%. Neither w...