![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2027475/small_1695241583-avatar-jorgel98.jpg?twic=v1/output=image&v=2)
Hi y'all, we are buying a 4 unit investment in Chicago for 430k, conventional loan with 30% down. I just got quoted minimum coverage from state farm for a $900,000, is this common?. Monthly payment is $450, more than ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1603164/small_1621514075-avatar-jackg92.jpg?twic=v1/output=image&v=2)
Hey guys, I'm a new investor looking to get into SFH as rentals or as fix n flips, whichever exit strategy works best when the right deal comes along. Anyway, I feel like I'm at a roadblock in terms of getting my feet...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/680663/small_1621495340-avatar-laureng23.jpg?twic=v1/output=image&v=2)
I need some advice please! I have bought and sold real estate for the last 10 years and I have created a small rental portfolio. I am looking at purchasing a 14 unit complex that was inherited by a brother and sister....
Hypothetical scenario:
In a neighborhood where comparable units are $140k, I purchase a foreclosed single family unit for $70k using an FHA loan (because it affords me the possibility of the low 3% down payment).
Af...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1333239/small_1621511403-avatar-gracel38.jpg?twic=v1/output=image&v=2)
Hi everyone! Question for my NYC investors out there -Is buying a multifamily building that is currently rent stabilized (not rent controlled) worth it as a long term buy&hold?I'm working a lead right now that wou...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/712942/small_1621495912-avatar-bradu2.jpg?twic=v1/output=image&v=2)
Anyone willing to share a script and/or letter you've used to approach owners to seller finance your purchase of their property? I just bought a property with seller financing that fell into my lap. Was a win-win fo...
I'm seeking a $150k mortgage having a 3 year work gap (ending this week when i start my new job).840 credit score with cash to buy the house many times over.Engineer for 25 years, took the last 3 years off (intentiona...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/535721/small_1650591895-avatar-angelaj18.jpg?twic=v1/output=image&v=2)
I've been working on the BRRRR strategy. I bought my first property, a duplex, and started househacking. I rented the larger 2 bd unit for $1200 to a family member. I remodeled part of the unfinished basement and tur...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/562626/small_1621492660-avatar-peterc54.jpg?twic=v1/output=image&v=2)
Hi BP,
I need a little guidance. I have my tenants mail their rent to a PO box. My rule is that as long as it is post marked by the 5th it isn't charged a late fee. I have a tenant who has lived in one of my unit...
So im new to RE investing i like the idea of buying homes and renting them out. However i dont have much capitol for down payments. There are 2 properties im am interested in. Is it possible to pull this off? First is...