Rosston Smith
Good Neighbor Next Door Loan - HUD BID Question
I'm in the market for a GNND HUD loan, which is exclusive to first responders and teachers. One caveat to know is that I can only offer the full listing price of the home, no more and no less.When my HUD-broker is sub...
Harris L.
Estimating Rehabbing a Roof
Hey guys,Anyone change their roof in the past two years here in the bay area? I wanted to find a way to estimate roof rehab.. Maybe for composite shingles roof how much it would approximately cost per sq. ft.thanks.Ha...
Robert C.
What Markets Did Poorly the Last 10 Years?
Maybe the answer is none! But one thing that has always bothered me since the last recession is that it seems like EVERYBODY has been a winner in REI. That could be the bias of posters on BP, too. Can anyone point to ...
Robert Burns
Calculating the Right Amount of Assignment Fee
I'm looking for the best way to calculate the right amount of assignment fee. I've been wholesaling for a while and typically I've used a flat assignment fee from $5,000 to $20,000 based on the size of the deal. But...
Pat L.
Mortgage Fees - Fees Worksheet
I'm looking to buy my first real estate property. I received a Fees Worksheet from my broker. I want to do my due diligence regarding the fees on the fee worksheet.Do this fees look legit to you?:Pay To: Broker- Under...
Justin Goodin
👋3 Ways To Calculate Interest
Commercial real estate lenders calculate interest on loans in three ways:✔️ 30/360✔️ Actual/365 (aka 365/365)✔️ Actual/360 (aka 365/360)Real estate underwriters should be aware of these 3 methods and understand which ...
Shawn Thom
Real World Prices DFW- Granite
I am no expert, but I've done a few rehabs. When I walk houses I try to think of what it would cost for various things. I am usually off, sometimes way off. I thought it would be helpful to some newer people to pos...
Avery Neims
How many issues does a home inspector find on average?
once you get an inspection how much damage or issues do they typically find? i.e how many issues does a typical report show? In addition what is the typical cost to fix these issues. I know that these depend on the ho...
Jason Malabute
Los Angeles multifamily market questions
Our group invests in the southeast and midwest market . We are looking to look into the Los Angeles market as the market goes to a downturn.
Questions:
1. What are the typical cap rates for A,B, C markets in LA to...
Dalton Dillon
Questions regarding ARV & appraisal
I'm looking to purchase a duplex using the BRRR method. I'm concerned about the ARV due to there not being any comps in the area. Even as far out as 1 year. My question is - How will an appraiser appraise the property...