George Liu
Credit unions vs. banks vs. brokers
Looking to do my first MF deal, but there seems to be a wide variance in rates - anywhere from low 4s (brokers, but charge an additional closing cost) to high 6s. Where are folks finding the best combination of rates...
Michael J.
Hard Money questions
What to private mortgage lenders generally require as far as LTV? Like if I am looking at a house that has a ARV of 100K what could I expect to get out of a HML and does that include rehab costs?
Is there a good stra...
Sherman Johnson
Tenant 20 days late. Paid rent but not the fees
Tenant has been renting my property for 8 months. They paid the rent on time for most the first 6 months. The last 2 months the rent has been late. The late fees were always paid per the lease agreement. However, this...
Chuck Dyas
My HOA is $7,000 in debt
First, a quick background on my situation. I own a condo in a ten unit building. There were plans for additional buildings but the developer ran out of money and the property is currently going through foreclosure. Se...
Brian Warner
How would I get paid to develop land?
I am a Real Estate Agent, and I would like to start developing land in NY. I would like to get a group of investors together, but my question is how would I get paid while the project is under development? I know that...
Chris Utter
My new Zillow account got Disabled. I am not sure why. Do you?
I set up a rental management account on Zillow last night. Posted my rental. Got 2 interests. This morning I logged on to view the account and it was disabled. I contacted support but have not heard back.Has anyone el...
Rav Ram
Partnering to purchase properties using conventional Fannie Mae Loans
Hello BP Readers,
I have been involved in the RE field now for 2.5 years. After purchasing 10+ out of state properties with all cash in the $50-100K range, i ran out of funds. I then obtained $500K LOC (Line of Credi...
Stefanie K.
Chicago - Advice for tearing down and developing a lot
I currently own a pre-fire 3 flat (aka VERY OLD, 100+ years) in a very desirable neighborhood of Chicago and when we purchased it, we purchased it for the land value (tear downs all up and down our block). The house i...
Bill Muchow
Our Story-Rough start, an Awakening, a Rental and a Flip ($+pics)
Our start wasn’t easy, fell into our first rental – it was a failure…however the learning experience helped get us to where we are today. Reflecting, we’re very thankful for the learning experience (and work to never ...
Erik Trefzger
Does Seller Financing Count Against Fannie's Limit?
I've browsed through the forums and wasn't able to find anything on this, but I'm sure other people have this same question. I own 6 properties all financed with conventional 30 year mortgages. I'm considering ad...