Taylor I.
Considering Subto Offer - What do I need to know?
Hello, I have a buyer interested in my property that I have had for almost 2 year that is not cash flowing and I am losing money on ($200-300/month easy). The current equity in the property is around ~$70k and I have ...
Kristine Eickman
Homepath Homes
I found a Homepath home that I am interested in. I talked to a Homepath mortgage person because I did not know much about the program. He told me that the list price in non-negotiable and it is what it is.
Problem is...
Mike Girenko
Landlord insurance price
Hello all, I am paying $426 / year for a 500 sq ft 1-bdrm condo in Aurora, CO. The coverage is $40,000 for condo unit and $500,000 for liability. Does this price seem reasonable? I could not find a better price, but s...
Benjamin Qiu
How hard is it to get financing when market turns?
Greetings,With market being so high and reasonable rate currently, if/when market turns, will rate go down since the economy needs a boost, or will it go up and become difficult to get financing?We currently have enou...
Felipe Carrillo
Insurance companies for wrap around sales (sub 2 underlying lien)
Hi all,Wanted to see if anyone has recommendations for insurance companies that know how to do insurance policies for properties that have been bought "subject to the underlying lien" and have been sold "owner finance...
Catherine Brennan
Seeking contractor/handyman for Chicago investment property
Hi BP Community - we're closing on a SFH next Monday and we're looking for a reliable, reasonably-priced contractor (who isn't :-) to get this property into rentable shape. Specific location is Portage Park. We'd l...
Tony Schwartz
Property Valuation Analysis
Happy Monday!Say, I have a potential client that has asked me to value a 7 unit apartment building. I have all the income and expenses. Does anyone have a "program" or formula to use to establish a reasonable list pri...
Scotty Gifford
Houston Market update, Low inventory, still planning to buy?
Home prices continue to climb this spring in Texas and for most of the country. The current market shows no signs of crashing. There is not enough inventory, and the demand to purchase homes remains strong. The result...
Anthony Myatt
Buying rental property
So I read the BP article; "Where the Largest 100 Markets Are Heading", and was curious on your thoughts. Do you think it is better to purchase and rent a house in a market where prices have fallen dramatically becaus...
Ryan Henriksen
Sonoma County fountaingrove purchase
Hi All! I’ve been searching for a new high end home (new build) up in fountaingrove in Santa Rosa, CA, and have noticed all the homes beginning to sit on the market with several price reductions. Anyways, is now a goo...