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This market is definitely not easy for many to invest in given the rates, prices and competition when great deals arise. As a broker, i am finding that we are stockpiling inventory, and sellers are holding tight waiti...
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We are closing this week on a new home for my wife and and I, and it is a 3/2.5 townhome for around 138 that needs a good bit of updates. Updated units in this complex are selling for around 160, and we are looking to...
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Hello! this is my first time posting here. We (my wife & I) currently own outright one home which we are renting out. It's a small home (2 bedroom, 1 bath, 960 sq ft), & we are trying to decide on what to do w...
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Anyone have an idea of what conventional financing terms (rates, term, LTV) are available these days for refis? We have a facility in Southern Cal that we are looking to refi out our SBA tranche (long story on why we...
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I have a house under contract and inspection yesterday. We found some things that were as expected, some unexpected. The biggest was the discovery of termite damage on the floor joists in the basement. It appears t...
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Hi. I'm 23, recent college grad (engineering) and am looking into buying a 4 unit home(each 2 br, 1 ba). I would live in one unit with my husband and rent out the other 3. Building is 140k. My gus says we can get it d...
According to a Forbes article I recently read "5 Signs your real estate market is a bubble"... My conclusion is that many markets may currently be in a Bubble (and therefore it makes sense for me to wait it out for my...
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Why is it so hard to raise capital these days? I have been talking to investors and discussing my interest in raising capital and I get the same response "Capital is tight", "no one's lending right now", and "Why woul...
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1% rule anywhere around Seattle is impossible long since. Now it looks very tight in Tacoma/Lakewood too, as far SFHs are concerned.I have been actively looking and almost all of SFHs are around 0.7-0.85% range. Even...
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When approving new tenants I do my best to screen out people who will not take good care of my property, in addition to screening for income, etc. My single-family home properties are not high-end but neither are t...