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...
I just bought my first duplex. It’s one bed, one bath, and both sides need renovating. I am wondering if it is more logical, time wise to hire out the work knowing it will cost more money but be on the market sooner f...
Hi BP! Is it possible to use a hard money lender to fix up a property and then use a conventional mortgage to pay off the hard money lender if you want to move into the fixed up property as a primary residence?
Hey all,
I'm new to rei so I need some advice. Looking at a house in PA, owner is free and clear on the home. Been vacant for 4+ years, no utilities on and he started renovations. Tore out some of the walls, the kitc...
I'm looking to purchase a 100 year old triplex that needs a good 50K+ in repairs and updates (I'm still getting contractors out for more estimates and will be doing some of the work myself). Purchase price is $60K and...
Hello everyone!I think it’s about time I introduce myself and share our story. I was born on August 8, 1982. Just kidding!I’ll fast forward.I’ve been reading around on Bigger Pockets for a couple years now, and this...
Hi all,
Buying my first multi family, a fourplex in the Southside of Chicago. This is a turnkey property that will be completely renovated with brand new finishings and will be managed by the same company. It...
What I found:I've been looking for my first 2-4 unit building in the northwest suburbs of Chicago for a little while now. I came across a fourplex in McHenry that looked like a good price but it had been sitting on th...
Hope everyone is staying healthy and sane during these crazy times!So I have a situation relating to the U&O property transfer, or lack thereof, for my first rental property. I cash purchased the property back in ...
Hi, I 'm a newbie, live in Maryland and looking to use my VA loan to purchase a Multi-Family to house hack and possibly use the BRRRR method . I work for the post office so my salary is ok but could definitely use a ...