Damien C.
Investing in condos
I've heard a few people here mention their preferences for SFH's over condos as investments. And I believe some folks have justified this preference as a matter of control over their property--i.e., while the condo-ow...
Bill Bell
Stuck/Squatting Tenants
I have a scenario where the tenants experienced financial difficultly in July and were unable, they claim, to pay Aug rent, due on the 1st. They also noted via email there intention to move via a 30 day notice. Howe...
Sean McGovern
Buying an urban townhouse, living, than leasing
Looking for some financial and practical advice on my investment idea.1. I have an income of $60,000 per year.2. I want to buy a three bedroom townhouse for $290,000, with a down payment of 10%. I'm thinking an FHA l...
Danny Duran
Land Trust Acquisition Complications with Fannie & Freddie Backed Loans
BP Community--Happy Thanksgiving!I am about to close on a property in Chicago (in two weeks). I just asked my lender if there are any issues with purchasing the property via land trust. He researched guidelines for co...
Lee Whitford
How do you bring large deals to potential investors?
I have had a rental property that the sell will close on very soon. I am 1031 into more properties as that happens, and look to diversify my portfolio with SFH and small MFH in a great appreciation area.Since I have b...
Jerel Davis
Negotiating Previously Flooded Home
I’m under contract for a property in Brookshire, Tx and the sellers stated in their sellers disclosure that the home flooded during Harvey. During due diligence, I found out that there were actually two claims: Harv...
LOUIS LEATHERS
Should you use the max amount of your preapproval?
Using my VA Loan my preapproval goes as follows:
1-Unit: $484,350
2-Unit: $620,200
3-Unit: $749,650
4-Unit: $931,600
I live in Chicago, IL and I am tempted to buy a 4 unit in a great neighborhood (and live in ...
Laura Da Silva
203k rollercoaster investment!
Hello everyone
My name is Laura and I am a current home owner. I purchased my first 2 family home back in December of 2016.
I qualified for a 203k HUD loan and I was assigned a contractor whom took a full year to "c...
Angelina Essuman
Newbie Investor from Dallas, Texas
Hi Everyone! I’m about 3 weeks in to real estate investing and wanted to introduce myself!I am a Technology Executive at a large company in Dallas, Texas and while working from home due to COVID started researching si...
Guy Rigby
NEW TO BIGGER POCKETS AND INVESTING WITH NO MONEY!! PLZ HELP
Hello everyone, my name is Guy Rigby, and I am wanting to get into real estate investing but don't really know where to start. I do know I want to start in a multifamily investing. the problem I am having is trying to...