Nick Heldreth
Subject to evaluation
I think I have a possible subject to or loan assumption deal, but I don't know very much about evaluating these deal types. Does anyone have a good list of resources I could use or a personal checklist? The value of t...
Account Closed
Fire Damaged House Advice
Hi BP members. I have info on a house that has been fire damaged and the numbers look great, but I've not done this extensive of a project before and I wanted to get advice from BP Members that have done a fire damage...
Adam Scheetz
Should I trust CAMA valuation when analyzing?
I'm currently assessing a 1940 Renovated Quadruplex that's sale price is listed at $175,000. However, in the course of my research, I found the county appraisers total assessed value at $114,000. It said that the valu...
Melis Torres
Calling all VA Loan Experts!
Hello Everyone,
My wife and I are trying to use the VA loan but probably don't make enough to meet the mortgage. However, the property has a business on it and we wanted to know if loan offices will allow us taking ...
Brandon Ribeiro
Help analyzing my first flip
So I’ve managed to find a financial partner that is funding 100% of the deal and 100% of the rehab. I found a shell SFR that I can get for 100k and it will need an additional 100k on the high end to be completed. I pu...
Matthew Brown
Cost Segregation Study Worth It?
I own a 3-unit multifamily property in Elizabeth Port, NJ. I got a study appraised (I haven't committed to the appraisal yet) that claims they can write off anywhere from $76,000 - $117,000. A couple of questions:Does...
Bhanu P.
Can Buyer receive cash back@closing frm Buyer's agent in cashdeal
Can Buyer receive cash back @ closing from Buyer's agent in cash deal? - I am in a situation where I made a cash offer @ 156K with majority of the closing costs paid by seller (owners title and survey) & Buyer's a...
Jacob Hafer
Rental Application Process for multiple renters
Good morning! I am first time investor and am currently going through the rental application/property showing process. My question is that with the Rental Application, there is a $50 fee paid by the renters. Is this a...
Austin Moran
Owner Under Water - Options?
Owner is selling his motorcycle to pay the mortgage due to wifes medical bills. He is married, employed, and has a couple of children. Before I contact the owner, I would like some feedback from the BP community on ho...
Varinder Kumar
203k loan advise for multifamily.
I am looking to purchase a triplex. Its listed at a very attractive price of $499,000 in southern california, and the area is going for $650,000-$700,000. The property does need some work, it looks like someone starte...