Has anyone had an issue where there is a discrepancy between the building dept and tax dept in town? 1 is saying my house is 3 units and then other is saying 2 units. Building department has no documentation to back t...
Hello - My husband and I are new to the New Orleans area, and are interested in investing in multi-family properties here as buy and hold investors. The real estate market in New Orleans is very hot right now, part...
On my first rental property from a couple years back in San Antonio, I believed I was buying a 1250sf house, based on the Trulia listing. It was a rushed close, and I didn't receive the appraisal until afterward, when...
Hi, My Name is Raghu and I am looking into investing , but before even i proceed into RE investing., I am purchasing my Single Family residence home in illinois. I have noticed that the MLS states the sq. ft as 2881, ...
We are in the process of purchasing a turnkey single family home with an ARV of $95,000. The proforma given to us from the turnkey company projected the rent of the property to be $950/mo. At this point, we have alr...
After I submitted an offer, I noticed that there was 500 sqft discrepancy between the county record and listed sqft. per the county record, 500 basement was unfinished basement, however when I toured the house, it was...
I have what was presented to me as a 4-unit under contract in Chicago. The appraiser commented that it is a “legal 4-unit building” on the appraisal. The Cook County Assessor lists it as a 4-unit as well. The seller r...
Hi All, I'm looking for advice. I'm purchasing a duplex in Florida for $170k, my lender's appraisal came in at $135k, which is a $35k discrepancy. The seller is obviously annoyed and ordered his own appraisal, which...
Lenders are getting more and more aggressive in their underwriting - read this...I am researching a project and reached out to a friend who is working for a big lender. He confirmed - they are approving stuff that m...
I'm getting prepared to go on my first seller appointment with a motivated seller. I'm curious about what papers I should bring.I found a great thread here about what to bring but I have one question, should I bring t...