James Bitakis
Question on my potential flip in Chicago suburb
I am looking to buy a 4/2 SFH in a Chicago suburb. It is in a western suburb in Dupage County. Nice middle class area. The home is 1336 sq ft. with a 1 car attached garage on a slab. It needs complete rehab plus I...
Seth Coronis
Chicaco - Investing in Rental Properties – With Cash?
Hi, my name's Seth, I'm new to BP and a real estate investing virgin. I'm considering trying my hand at investing in rental properties in Chicago. Looking at hypothetical investment properties on Zillow.com (just to s...
Christopher Albritton
[Calc Review] Help analyzing an SFR Fix and Flip / Rehab
Hello BP Members, and thank you in advance.Question:Is the ROI section on the Flip Calc broken? The analysis below via the link has the following numbers:Purchase Costs: $109,500Rehab Costs: $54,000Holding Costs: $5,8...
Juline R.
Idea guru needed, profi/ best use on RO-3 rental Uptown Denver
I own a 5500 sq ft lot with a 2200 sq ft victorian on it in Uptown, West City Park, Denver. Zoned RO-3Home has lovely space, great location, 3 car garage, never a vacant month 18 years, I don't want to hold the home ...
Erik Pfundstein
Structuring partnerships in multifamily
Hi All,I have a few questions regarding partnerships in multifamily...Lets go by this scenario:Lets say we are looking at a 20 unit. Value add. Refi, and hold for long term. If i have a partner who is going to be simi...
Julie W.
First Investment: To Flip or Hold & Rent?
Hi Everyone! New investor here. I'm so excited that my first investment home is crossing the finish line in the next couple months after 8 long months of renovations. My husband and I purchased this home as we felt it...
Ankur Patel
Credit Partnering
Hello All, I am relatively new to real estate and had a question related to Credit Partnering. I have been approached by a real estate investor (A friend whom I trust) who would like to structure a setup where he find...
Thomasina Pearce
getting approved for conventional loan as contract worker
Hi BP family! Are there any investors whose primary source of income is 1099 or other contract work? If so, any tips on how to appear as stronger candidate for conventional loan? Especially if your income fluctuates m...
Kerry White
Looking to save on closing cost
So i bought my first property 8/13 I'm responsible for the 2014 taxes which are roughly $3,500 i have been holding and renovating this for quite some time now due to unfortunate events. But now i am ready to sell. Hom...
Billie Forrester
New to BP world!
Hello all! Hope we are all living the Dream! I know that I have started to and want to continue to succeed in Real Estate Investing. My name is Billie. I live in Chicago, IL. I have been in the real estate business fo...