All Forum Posts by: Patrick Squires

@Scott Trench

Honest response of the day!

@Joshua Birk

Thanks for sharing - what was the appraisal process/fees if any and was it anywhere close to what you feel the prop was worth? Thanks! Really appreciate-

@Tal Simpson

I was thinking same thing!

Your info on bp is blank. Your contact details are hidden. I don’t know anything else but I think your doing the right thing asking for help/input. What market are you in? Are you also on regular realtor forums? Not sure if you have an area of real estate you plan to focus on. This forum is super focussed more on the investment end of real estate- I know you know this.

Attorneys are not strategist - get out of mindset of my attorney does not know what to do. Knowing what to so is your part - your attorney may have input & suggestions & maybe great idea that you love but attorney not knowing what to do mindset has to go. IMO Your doing what you should do imo. Looking for deals - learning - & Asking a community of like minded for ideas and input to jostle a idea-strategy that your comfortable with to... run past your attorney if needed.

Many answers... but possibly could play to be best situation imo. Take a little time to figure out which tenant you dont want to live with and not renew their lease! Maybe the seller has a suggestion or knows the leave date that would work with closing being a different date that works better. If they can make it work for you then maybe they make a bit more or can collect rent longer while knowing he has a solid buyer and can push right up to their retiring and moving to florida date or whatever. As for conventional loan requirement for occupancy I dont know. Talk to a number of banks imo even if you hear what you want to hear - be ready for contradicting and changing statements regarding.

Place payments, principal, interest, etc into like columns. Highlight each column and click the sum icon!

What sounds expensive to me is using a GC for house calls! Jk I don’t know. If you trust him and he got it done... and like you said the whole thing was done through a GC. I guess it depends how often you have issues and what not. What did the GC say when you talked to him about them taking care of things when your out of state? Possibly he is testing you too!

Dave Mosher I encourage you to talk to more banks about what you want to do and push hard for some kind of reaffirmation of certainty as to percentage ltv and seasoning and all terms important to you really. Start a short roster of pre-vetted banks to immediately work with if you hit a “uhm-yah-about that...” It is more often than you think that when your loan actually processes thus actually vetted that all the sudden its oh- yah - actually - uhm - can’t do “x” or “y” or whatever you were building your plan around. It does not matter what level the person you spoke to imo. Let us know what you end up doing. I have not done the brrrr

Honestly - Someone posted a question of how to handle. Many views. People are getting upset about different views. IMO. A total justice approach is a waste of your time. It is concrete - it is people - you are right - but being right is not worth your time. It just isn’t IMO. New concrete made your tenants happy - it got a smiley face.