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Results (10000)
Jorge Leon Insurance quote too high?
22 August 2024 | 10 replies

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 ...

Jack Gause How to get that first deal - TIPS for a beginning investor
6 March 2020 | 2 replies

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...

Lauren Griffin Need advice before purchasing a 14 unit complex
14 December 2016 | 6 replies

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....

Account Closed Can FHA loans be refinanced to conventional loans before the 1-year residency requirement?
4 July 2013 | 5 replies

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...

Grace Lerner NYC Rent Stabilized Multifamily - Is it worth it?
15 October 2023 | 3 replies

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...

Brad Uhlig Finding seller financing deals
8 November 2017 | 17 replies

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...

Alan Iverson Great borrower with 3 year work gap - getting a mortgage?
21 February 2018 | 12 replies

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...

Angela Jossy BRRRR strategy failing!
25 October 2018 | 18 replies

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...

Peter Crabtree Trouble with money oder for rent.
13 September 2017 | 34 replies

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...

Ruben Lopez Is it possible to buy multiple multi family properties
14 January 2020 | 5 replies

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...