I am purchasing a property with a conventional investment loan and the lender is giving me a price of $795 for the appraisal, stating that "appraisals cost more for investment loans". Is this true? Why should an appra...

What are people's thoughts about buying and renting out a quadplex to section 8 tenants in a not-so-nice part of town?

This would be my first investment property. All of my upper middle class friends and relatives ar...

I'm looking at renting a unit I own in a small town (2500 people). The prospective tenant has an income that qualifies > 3x rent for 3 months. They have no rental history from living with parents and owning their...

Standard practice seems to be a fixed deposit amount per unit, regardless of the number of tenants. While there are other factors and exceptions, more people generally can cause more damage than fewer people. I always...

Hello, All.  Putting in a bid on a 10 unit apartment building. Following the BRRR formula, I will be looking to improve the property, raise the rents and refinance.  My question is what improvements will give me the m...

This is such a simple question, but I'm interested in hearing from others who have been down this road before. Current mortgage on my commercial office building is at 4.125% fixed until August 2022, then variable at P...

I'm brand new to buying homes. I'm in the Chattanooga, TN market btw. Here's what I've seen more than once. A house that rents for $850 plus a mobile home that rents for $500. The market value of the house and land to...

I have a minimum credit score requirement of 650 of all applicants, 2.5x monthly rent in documented income and positive background checks. If they don't have this score do any of you charge a higher Security Deposit ...

I am making an offer on a deal that the owner has said he is willing to finance. I know the guy and we trust each other. I am considering writing an offer with a 10% rate of interest for 5 years and then reducing th...

Looking at a keyturn property. The rehab looks great, but the appraisal comes in 30%-40% higher than the comps in the same neighborhood. Would this be a bad investment? Looking for a long term hold for cash flow.