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10 December 2024 | 6 replies
Appraises for $325k.
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18 December 2024 | 45 replies
Unless you need them installed for mortgage appraisal, recommend:1) A price reduction or 2) Small price reduction for installation labor and have someone pick up & store the mechanicals the seller provides.Otherwise, they will just get stolen again!
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11 December 2024 | 3 replies
I have decided to look into a heloc, I'm a bit newer into realest state investing, I have completed a couple of fix%flips this year, I currently use hard money for the purchase with 10% down and I cover 100% of the rehab, with that said even just doing a couple of homes at a time, I find myself around 200k out of pocket, I think it would be a bit easier on myself and wife if we utilized a heloc vs just cash, my primary should appraise around 1.1m and my mortgage is 640k, I'm looking at pulling about 250k for a heloc, I don't want to refi the home and cash out as I only want to pay interest on funds as I use them ( I know I won't always be using the heloc cash) Any advice or even knowledge for people in a similar situation, and anyone have a referral for a Heloc?
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16 December 2024 | 7 replies
What they’re getting is property that they’ve either mis appraised themselves or someone else has led the.
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9 December 2024 | 16 replies
Fannie/Freddie now require 12 months of seasoning for a conventional cash out refi in order to use the appraised value.
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8 December 2024 | 19 replies
I'm curious to hear other people's experience getting utilities activated for inspections or appraisals on HUD homes while under contract.
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14 December 2024 | 6 replies
In order to past this SS test, your appraised market gross rental income at 75% has to be more/equal to your monthly mortgage payment (PITIA).
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11 December 2024 | 11 replies
Appraises for $325k.
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19 December 2024 | 22 replies
Appraisers are great, but at the end of the day, they're not the ones buying a property or the ones who are renting it.