I'm going in on a 50/50 partnership on a house that will be rental. We're going to setup an LLC to manage the house through, but we wouldn't be able to get a loan in the name of the LLC.Should we both have our names o...
Welcome to A Skeptical Real Estate Dude, my weekly post here in BP, coming at you live from Nashville, TN. Every week I write a brief, hopefully insightful, dive into real estate and financial markets, for all you tub...
I'm updating a 1950s 2/1 900SF home in South Carolina. The electrician suggests upgrading to a 200 electrical service entry with through the roof mast and relocate existing circuits into a single EXTERIOR 40-space 200...
When qualifying a property, why does it matter how much it is under water if the bank will still only be able to get the highest bid at auction? Isn't the bank just as likely to accept a short sale vs going through a ...
Hello BP - hope everything is doing well!Just finished my first rehab and about to do the refinance so I was wondering - does the Property Value you provide to the lender matter? (which is the ARV you think it is)I kn...
So I met with someone the other day, and we got to talking about deals. He had been doing this for quite a while, but was super cocky and kind of demeaning. I showed him a deal that me and my company had worked on a w...
G’day guys,
Being a non resident I’m finding it harder to get a conventional home loan, however it seems that hard money and private lending will be much easier.
Should the higher interest matter if the deal is goo...
Howdy Guys I am looking into getting my first property and am kind of stumped right now. The market is hot so there are not too many plex's for sale in great parts of town and the ones that are for sale are priced at ...
I am ready to sell my house to get ready to retire. I don't know any listing agent personally. My question is: in the current seller market, is there a way for the owner to oversee the selling agent so that they don't...
I had a deal that went south for one of my clients. I personally thought the deal was a home run but my clients had another view. Numbers not aligning was the deciding factor for them. I'm not a pushy realtor and n...