Da Zhang
For-Sale Apartments Velocity?
Hi, what is the velocity people are seeing for for-sale apartment in NYC? Pretty slow? I'm not surprised given people are fleeing the city. Mine is in Queens, a 2B1B, on market for 6 weeks and still no offer. It's pri...
Jennifer Rado
Should I shop more? Do refi 1.5 points make sense?
Hi Everyone,
Would really appreciate your input on this.
For a $360K, 2 fam investment 30 year conventional refinancing (excellent credit, LTV 75%), I got quoted for the below today 11/19/2020:
2.875%, 1.5 points...
Alex Salmeron
Understanding how to calculate equity on a potential investment
Can anyone point me to any resources on equity and how to calculate it/how much you'll potentially have in X amount of time? I'm looking at a house in CT that doesn't look like a good play in terms of rent income but ...
Max Fowler
Investing from Out of State
Hi fellow BPers!I am just getting into real estate and am looking for some advice in regards to investing in the Cleveland market from out-of-state. I am active duty military, currently stationed in the DC area. My go...
Tim Wheeler
New Construction w/ Foundation Issue?
Hey everyone,We're currently considering a new construction investment property that, according to the listing agent, had a foundation issue that has since been repaired and signed off on from a structural engineer. T...
Courtney Murphy
Plumber or Handyman to install water heaters
Hello,Our handyman says he could install 2 water heaters in our STR (house is 100yrs old). It would save us some $$ but I'm concerned if something goes wrong that we would wish we had a plumber to be accountable. Any ...
Andres Bernal
Proof of funds in a Connecticut deal
I found super slam dunk deal here in CT. I'm going to make a cash offer and I have an investor with the funds that I'm going to fund the project with. Since Ive bought all my rentals with conventional mortgage I'm a l...
Jeremy Lee
Help with getting vacant industrial lot off my in-laws' hands?
Hey all,My in-laws are retiring from their restaurant business and we are starting to help them look over their current assets/liabilities and see what they should probably dump or downsize on. They own a 1 acre lot o...
Tommy Sailors
Rent to own contract
I own the property free and clear. I rent the property now, but want to sell it . The current renter wants it but has bad credit. Is this a good idea? Should I finance to them?
Jeremy Lee
Just got my real estate license.. now what!!!??
Hello everyone, So I currently work full time and love my job. But i also love real estate. I just got my real estate license, and plan to use it in order to buy and sell my own properties, and occasionally represent ...