Leah Pasco
FHA Assumable + 2nd mortgage or other options to sell
Hi BP community!We have a property that has a great FHA loan interest rate, loan of 270k left. This is currently a buy and hold. We were thinking of selling because we've almost maxed out upgrades to the house (new HV...
Taylor Whylings
Capital gains tax NJ
My husband and I purchased our first duplex and we are planning to BRRRR to get ourselves started. We have several people interested in buying the property for what it is now worth and we are tempted to let it go an...
Kevin Craig
Subject to/Lease option question
If I buy a house for 100,000 and sell it for 120,000 and charge a buyer 5,000 down to get into the house. How is that contract structured?
Does he begin a new contract for 120,000 after the time period comes where...
Account Closed
Understanding A Mortgage Appraisal
Understanding a Mortgage Appraisal - Part 1
The first thing to understand is appraisals are not all the same or equal. In fact, each appraisal is unique to the needs of the specific client.
Mortgage Appraisals are...
Matt Foster
How would you structure this sandwich lease option deal?
House is in pretty good shape all in all except the roof is totally shot and needs to be replaced. If replaced it's worth $175,000. Market rent = $1,500 conservatively. Cost to replace roof = $8,000. $120,000 mortg...
Maggie Nickerson
Owner finance vs Lease option
Hello all Bigger Pockets enthusiasts! I am new to this site so please be kind :)Question: As an Investor would you prefer to purchase a property from a motivated seller through owner financing or lease purchase and w...
Mona B.
"Subject-to" Fix-n-Flip: is it possible?
Hi BP Community! Question: Can you fix-n-flip a “subject-to” property or could you really only BRRRR a “subject-to”? Does the “due on sale” clause go into effect if the “subject-to” property is sold after rehabbing it...
Matt Huber
Due On Sale Insurance and Subject To Servicing
On the BiggerPockets podcast episode 527, Pace Morby explained that there are companies that provide "Due on Sale Clause" insurance. I've Googled a bit, but can't seem to find any further information or providers of t...
Yuriy Skripnichenko
"Subject to" deal for a property listed on MLS
Hi everyone.I was wandering if anyone has done “subject to existing mortgage” deal for a property listed with an agent?I have a property that is listed on MLS and I’m interested in. However, the deal makes much more s...
Shiv Gettu
Estimating Repair Costs and CapEx
Hi everyone!I'm a new investor and wanted to get a better understanding of how to accurately assess costs. I've been using the BiggerPockets calculators to run numbers, but my one concern is: how do you vett the accur...