Hi Everyone,I'm recently qualified to obtain an FHA loan up to 450k for a 3-4 unit multi-family property. As of now I'm working with my junior realtor (close friend & new to the industry) to source a property wher...
Hello friends,So I have a house in Memphis under contract for $75k. This would be my first rental property. There is a current tenant who as been there 9 years and rent is $950 and currently month-to-month. During due...
The legalization of cannabis in various states has created a niche in the real estate industry where the value of properly zoned lands and properties have been increasing at an astounding rate. For investors and entre...
My friend "Barry" lives in a 3 bed, 1.5 bath in a very nice town in New Jersey. He rents for approx $3,000 a month, which is low for the town, but not for the property itself. The two homes to his right, one is on t...
Sorry if this question has been asked or if it seem silly, but I read on the commercial real estate lending requirements and it seems lenders look at the investment return of the property itself to decide if they will...
Hello Everyone,I've been reading and collecting information to get involved in Real Estate I'd like to buy my first rental in the next 90 days. So I've been working with my Real Estate Agent (Also an Investor 10+ Yea...
Negotiating 100% owner finance deal on a 40 unit complex. The place only has 14 units total rented out at this time. Reason being owner is 80 years old and just kind of gave up on it. Anyway I want to refinance out an...
MLS # 898440 - they are selling for $74,500 - it is a foreclosure. The appraisal district has its value at $171k - is this too good to be true?!?! What should i do? If I can gain nearly $100k equity in this, i woul...
I'm from missouri, and as just about anywhere else in the nation, real estate is horrible at the moment. But several people have told me that in california, the market isnt affected as bad. Is this true?
Also, for doi...
I am looking at picking up a property using hard money. End result would be to sell said property or refinance and keep as a buy and hold after all repairs are done. My question is about the BPO and/or Appraisal.
...