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Hi everyone, this is my first time posting! I am looking to use my VA loan for a multifamily property. I was speaking with a lender and they had told me that multiunit properties are capped at 1 million in high cost a...
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I've been looking at tax liens in Baltimore, but don't quite understand the "HBP" - the "High Bid Premium". Here's a quote from the FAQ:"In Baltimore City the high-bid premium shall be 20% of the amount by which the ...
Everyone keeps talking about an incoming surge of home foreclosures. Over the past few years, online crash predictors shouted from the rooftops about how another foreclosure crisis is always on the way, and we’re only...
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Hoping one of you great people can clarify something for me. Looking at bonus depreciation and wondering if it is based on the county assessed value or purchase price?We purchased a commercial building for $420k and t...
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Hey all, I'm from San Francisco and interested in Omaha because of it's strong economy, good school system, relatively low vacancy rate, etc. I also visited the area a few years back and met the nicest people :)I've ...
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Can anyone from the Philadelphia area tell me what it has costing on average for a cosmetic rehab or full rehab per square foot? Hard to get a good feel with inflation! Thank you!
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I am interested in a duplex. It has been fully rehabbed. The numbers make sense to me.Now, the seller is saying that it can only be sold cash ... They are cash only because there are not any comps in that area to supp...
What is an "underwater high-end house"? How do you go about finding one? And how do you know you've found one?
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I was just looking at a property and was amazed that the property taxes are so high!The house is on the MLS for $56,000 and the taxes are $6460 annually.Checking past tax amounts showed that in 2011 they were $14,498 ...
I want to get my foot in the door into an untapped hot market but I just don’t know where or how to begin. Before diving, how do I determine what cap rates or areas should I scout for especially for a market that I’m ...