Hey BP family, There’s something on my mind that I thought I had a grasp on but, seems like I don’t. If I’m working with a PML. Say he or she wants me to bring 15% to the table and they’ll finance the rest. Does that ...
Hello everyone. I'm new to REI and the BiggerPockets community and I was hoping to get some insight. I have been reading through the forums regularly and everyone here seems extremely helpful. The main question that I...
Hi all,I bought my home about 6 years ago, and have spent that last few years renovating it. I recently installed a pool in my backyard and am fortunate that the yard backs up to a wooded area and a creek, so I don't...
I was reading THe ABCs of REI by Ken McE and came across this: "[In doing due diligence], I take comfort in knowing that anything I find that would cost me money to fix is a final negotiation point before the sale clo...
I recently had an offer accepted on a residential house for my family and I and as a first-time home buyer, I had a question regarding the mortgage process. We put in offers on a lot of houses, in which case our mort...
Hello,This question is probably a stretch. We are getting ready to sell a rental property in a couple months (waiting for the lease to finish). We would like to do a 1031 exchange to purchase a multi family property. ...
My close friend's dad heard I was doing real estate and mentioned he would be selling his house later this year. I took a look, and the price he quoted me is a great deal for me, and makes his life a bit easier to not...
Hi all, There is a plumbing issue in the building where my unit is located. The problem is a loud noise which can be heard in my unit. It has been going on for several months and the management company is ignoring the...
My father recently gave me a property and i want to use it to start investing in more properties this particular property needs roughly $5,000 in upgrades to fetch a $1,000 per month.Should I refi the property in six ...
Here's the scenario - I've got my eye on 2 small properties (duplex + quad) in Northern IL . Both represented by same company (Coldwell Banker), but different agents. Prices are at $150k & $200K. Question - Can...