I am just getting started with investment in real estate and looking at a property in Dolton, IL 60419 area for rental. What is the area like? I checked out Trulia and as per Trulia, it falls under lowest crime. I ...
I am in the process of working through a BRRRR I have in a C Winston-Salem neighborhood and have a few bids from GCs in the area. Here are details on the project:2 bedroom, 1 bathroom 1,000 sqft distressed single fami...
Hello! I have a sub 2 deal under contract at $181K and a retail buyer who wants to pay $220K to buy the deal from me, meaning he's going to pay me $39K cash to get the deal.
The problem is that he's nervous...
I learned today an extended family member on my wife's side lost their job. This was at a major retailer company as a manager. He was on time, never called in sick, and did a great job. Was there over 11 years as a fa...
After two months of religiously studying this board and reading numerous books, last night I finally attended my first REIA. I felt extremely prepared as I had a sold foundation of knowledge (much to the thanks of ma...
Hi BP, I get this question over and over again from new real estate investors that are just starting out - how do I get around DTI limitations? In order to buy more real estate by means of conventional lending, you ha...
Hello BP Community,I've been wanting to get into real estate buy and hold investing for cash flow since I was in college. 1 year ago today I decided I would finally do something about it (33 years old now). I spent al...
So I bought a two family 5 bed apartment located in a student rental area (paid $128,00 currently rented for $1800 a month). The apartment was already rented until the school year (May 2013). The current tenants have...
I’m looking at my closing disclosure and the underwriting fee is $995 while fees going to the title company are $3,008 and it’s under “Services Borrower Did Shop For”. I was told by the seller which title company we’r...
Hello All,I have been involved with real estate for about 1.5 yrs. I bought a house which I am currently “BRRR-ING” Trying to finish the work up on it by March. The house came with two separate lots, one with the...