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Hello,We own a multi unit building in Chicago and the temperature dropped over the weekend. This has caused some pipes in the basement to freeze and burst. Issue: tenant in basement unit is without water. We are activ...
I've been working with an agent and viewing a few good properties, but nothing great. I'm viewing a property that I'm hopeful about this weekend. It would be purchased with a conventional loan if the numbers work out ...
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Hey BP!I'm looking at an apartment building in a decent area (B/C class but well maintained, clean, and friendly small-ish town) and I'm trying to find the catch. I found this BP post which led me to this document, wh...
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Hi BiggerPocket,I recently reached out to my lender to ask about using a home equity line of credit as my down payment and reserve funds for purchasing another property and was informed that this is viable however, th...
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Any time a potential investor is reviewing real estate syndication investment opportunities, they’ll likely come across the term “equity multiple”. Even if they’ve purchased a primary home or a residential rental prop...
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I haven’t closed my first deal yet. I was sooo close though; But the agent told me when she called the number attached to the pof letter it went to voicemail. So when I called the company they said I had to pay $595 f...
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Hey BP!Just got an inspection report back on a SFH in the Midwest and I have some questions.The house is a single level with no basement and a crawl space which houses the ductwork and structural members.The report tu...
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I know that for some of you this will be elementary, but many on BP are not in finance. If you would have asked me a week ago (after hearing Chairman Powell's most recent comments) I would have bet that rates would co...
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Introduction: A blended real estate income portfolio refers to the practice of combining different strategies to invest in and profit from the property market. This approach is considered superior to pursuing just one...
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So I have over 200k in equity and I am thinking about taking 120K HELOC to do a BRRRR. I know a lot of banks offer HELOC’s but is there any of them that you recommend? Have you been working with a lender in LA COUNTY ...