My understanding is that we'd pay $1,000 for a rent appraisal which would have to come in with a ratio of at least 1.0 (i.e. at least as much rent as PITI) for the loan to be approved.My concern is that 730sf is basement, and only 300sf of that is fully finished. the rest is just walls.

I renovated my self so it took me 2 years to finished the renovation.

Hello everyone, I finally decided to start my RE investment.

Hi, I am new investor and just got my first cash offer accepted for an investment property which I am planning to use for a long term rental.

I have a contingency period but I would fell bad for cancelling on the seller even if it means that I get my EMD back.

My mother-in-law is wanting to sell a property that she is 30% heir in. 

Check with your tax professional.I would lean towards taking my lumps today and getting away from the sponsor.

What's my tax bill if I sell and don't exchange?

Hi All Im an experienced agent that has now decided to to open up my own development and inspection business to supplement my sales business. 

Hey Brian,In my contracts I have whats called an "Inspection Period".