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I will need to replace a walkway at a complex I own most of the units. The tenants will not have access to their unit for a few days. So we will have to put them in a hotel. I don't own every unit that will be affecte...
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Hi! I am looking at my first deal and would love some feedback as I have stumbled onto an odd situation which could have some potential, but seems a little too good to be true. I am a total newbie and need some advice...
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Can somebody please clarify the HELOC for me, please? I'm going to be closing on my 1st rental property on May 1st. Upon closing, I will instantly have approximately 50K in equity in the house. I was under the impr...
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Hello, I am looking for some advice/clarification on how conventional (meaning 30 year fixed) loans work for rentals when using a partner/co-borrower.A couple specific things are; 1) How does joint DTI work? Meaning i...
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Hi BP,I'm looking to purchase my first MFH this year and I'm looking for advice on where to hunt for deals in the greater Chicago area. I currently live in Lakeview and love the area, but after a lot of research, the ...
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Hi all
I'm new to investing in real estate and I have a question I was hoping the seasoned investors can answer for me!
1. How can I purchase a property through a new LLC?
My goal is to buy and ho...
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Hello and thanks for reading :)
I'm currently working on an investment out of state and been in communication with many lenders to find out about all my available options.
Although I have good credit, cash reserves...
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HelloOver the past year I have been marketing, and door knocking on off market properties in my area. The two I successfully put under contract were tear downs. The deals have since fallen apart due to my lack of expe...
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My market here in Seattle is very expensive, searching for first deal locally as well as abroad. Vegas seems appealing, cheap houses, rent part of house monthly, airbnb near strip. Does anyone have any insight about i...
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Hi everyone, I'm trying to get a better understanding of the mortgage system and all the players in it. To my understanding, a lender issues a mortgage to a homebuyer. They give the buyer a sum of money and receive a ...