Hi All!I'm so happy to have found this community recently-what an awesome resource!I currently own 2 condos in Chicago: 1 in Uptown that I've had a year-long renter in. Her lease ends at the end of the month and I pl...
Hi All
Forum Noob here, just curious what are your rules or requirements for profit/cash flow prior to making an investment on a multi-family unit? I'm currently looking at an opportunity to buy a 2 family f...
hello,
this is my first post, and i'm trying to learn as much as i can, but here is my situation: i currently live in chicago where i work part time and rent an apartment. my total bills are around $800 a month ($4...
i just wanted to know what peoples thoughts are on buying properties that already have tenants? is it a good idea? what could someone easily overlook? do you recommend it ?
I’m new to house hacking a duplex and this is the second time someone asks me for a late move in. If I allow someone to move in later in the month (target month is nov) Should I still mandate full deposit and first mo...
Hello, I'm new to Bigger Pockets and wanted to share my first post. I'm looking to acquire my first investment property within the next year, ideally a multi-family home in/near northern NJ. I'm particularly intereste...
Good day everyone! I am currently planning on buying a second primarily house using a VA Loan this time. I want to buy a house that's bigger than what I need to rent out the extra rooms. Can you please share pros and ...
My research has come up with a DTI ratio for using a VA home loan at 28-41% but in-person, I have heard realtors mention VA loans of up to about 50% DTI!I am a first time homebuyer, looking to purchase a multi family ...
I need to update my place when the tenant moves out, but I'm not sure to what degree I need to upgrade it as that will depend on what Class it belongs to. But, I'm not sure how to identify what class my property would...
Was made aware of a house that just came on the market today. Existing tenant but no viewing until under contract. This would be my first property and that just sounds too risky to me. Are there documents or info I ca...