Hi BP Friends!I am trying to go under contract for my first house hacking deal in Chicago using FHA 203k financing. The market is brutal, 15+ MLS offers rejected so far. All the investor friendly multi-unit properties...
I'm closing on my first vacation rental property next week. What all do I need to do such as getting the HOA and electricity changed over to my name?
Over the past few months i've spent a long amount of time pouring over blogs, forums and books related to real estate investing. In as much, i've come to the conclusion that real-estate investing is probably one of th...
Hello glad I found this forum good stuff here. I wanted to get some advice I own a home 5 hours away I have tried to sell it now for 2 months no offers asking price 179,500. We owe 162 k on the home we can get 1200 re...
I have a contract on a house. Buyer asked for 30 days. Being my first contract, I did not know that I had to ask the lender if this was possible - so I said yes. Mortgage Co said they are trying to speed it along [...
We have a tenant who is running an unlicensed daycare. Do we incur any liability? There is no exclusion in our rental agreement.
I have a couple of rental properties, 4 doors. Been at it for almost 15 years (yes, its just a side-thing, for now...). Have also been doing my own taxes the entire time. Expenses incurred to maintain, fix, service th...
Hello. I’m looking to buy my first STR. I am looking out if state. How realistic is it to buy/furnish/rent a place without seeing it in person? (ie have realtor FaceTime me/send video’s of property, use a furnishing c...
Okay here's my financial story in a nutshell. I am trying to scale quicker as most of us are.
I own 2 rentals and I'm trying to buy another one.
Spoke with my lender the other day he said my DTI was 2 percent. My ...
Hi Folks,
I'm looking a buying a first position note for $150k UPB on a home with an apparent value of >$300K located in So. Cal. via the FCIxchange site. Its listed as "newly originated". I looked at the ...