All Forum Posts by: Eli M.

A tenant B is a section 8 tenant, has 470 credit score, makes 2.5 times of her monthly rent portion, and also has $8000 outstanding debts ( car leasing debts).

Please, suggest which one should I choose?

Thank you all in advance,

Eli

0 Votes

Dear BP community,

Could anyone, please, recommend a decent and trustworthy lender in Philadelphia, PA (Philly)

Thank you all in advance,

Eli M

1 Vote

Dear BP family,

As I'm preparing for my next investment purchase, I came up with a question.

In case I buy my next investment property on my personal name ( not on LLC) and I'll obtain a mortgage, will I exhaust my first time home buyer lower interest rate benefit or I get to keep this benefit until I but my first primary residence?

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Dear BP family,

Often times there's a discrepancy between a recorded sales price on a county's website and zillow. Where can i find out the real price the property was sold last and the recorded mortgage ? In New York we have something called ACWIS, do they have something similar to it in other states ?

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Originally posted by @Joe Splitrock:

If there was a school across the street, it may increase the value. Especially elementary schools, because it is a convenience for people when their kids can walk to school. A body shop or other commercial businesses could be seen as a negative in a residential neighborhood. Businesses bring traffic and noise. People do like a location close to work, school and shopping. That being said, the quality of the neighborhood also plays a factor. If there is considerable crime or the other properties are run-down, then it will make your property less desirable.

thank you! Will having body shop next door affect house insurance premium? where can i find our which factors affect house insurance?

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Dear BP members,

I was wondering, what factors could possibly affect a property's value?

If there's a public school across the street, is it a plus or a minus?

If there's a bodyshop next door, is it an advantage or disadvantage?

Where can I find out which things could possibly affect my property's value, likelihood of renting it out, play a role in the house insurance premium?

Thank you all so much in advance

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Originally posted by @Jay Hinrichs:

certainly yes to both.. owning is super easy.. financing can be trickier.. but there are quasi private money lenders that specialize in foreigner loans.. but rates are much higher that US citizens get.

Thank you, so much! Could you, please, tell me few lenders who specialize in foreigner loans?

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Dear BP members,

I was wondering, how a foreigner can own a piece of real estate and/or obtain financing in the US? (i'm trying to help out my friend)

Thank you in advance

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Dear BP friends,

I found a property which I liked but it was on the market for 165days.

Why would a good property be on the market for so long? What am I missing?

Thank you all in advance

1 Vote

Originally posted by @Sam Shueh:

Urban, suburban, rural, very rural? Which lender?

Most lenders accept values support up to 1 mile or less recently sold only.

sorry for not being specific. it's urban, very urban inside a city

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All Forum Posts by: Eli M.

Eli M. has started 132 posts and replied 221 times.

Post: Tenants with judgements

Post: Local Philadelphia Lenders

Post: First time home buyer mortgage benefit

Post: The most accurate source for sales price and recorded mortgage

Post: Factors affecting home's value

Post: Factors affecting home's value

Post: Can a non US citizen own real estate in the US ?

Post: Can a non US citizen own real estate in the US ?

Post: A property is too long on a market. Is it good for me?

Post: The mechanics of an appraisal