Keegan Pieri
CoC Criteria for Duplex funded with an FHA (with PMI)
Hi Everyone,
I'm looking to buy my first property by house hacking a duplex using an FHA or an FHA 203bk loan with as little as 3.5% down. Because this translates to a significant monthly PMI payment, it is hard to f...
Account Closed
Commercial vs. Residential Real Estate Investing Basics
"The commercial real estate is business-focused real estate which involves property that is sold, leased or used to achieve a predetermined business objective. Commercial real estate is used as an investment to gai...
Joe Merullo
East Boston Land Pricing - Permitted for 3 Units
Are there any local developers who have a good read on this market? MLS Comps are all over the place. How much are you buying permitted land per unit? I need help to price this deal. Projected revenue of development b...
Randon B.
Please critique y Owner Finance Plan
I bought a house a few months ago with the intention to hold as a rental but learned my lesson to not buy houses built prior to the 80s, 70s at most. I've gone over budget not terribly but enough to where I just don't...
Michael Laoag
Small multi property rental in Toledo
I’m interested in small multi family rentals in the Toledo area. Does anyone know if zip:43605 is a good area to look for multi unit properties to rent?I’m very new to real estate Investing and wanted to get started i...
Jeff B.
Property Classes Objective Criteria
According to Building Owners and Managers Association International:(http://www.boma.org/research/Pages/building-class-definitions.aspx)Property Classes have objective criteria as followsMetropolitan Base DefinitionsC...
Devan Mcclish
Offer price in the letter
I saw a wholesaler on the site use a letter like such: "hi my name is XXX. I want to buy your property at 123 Main Street for $XXXXX$"
She put an offer price in the initial offer. And the offer price was 45% of the A...
Jane S.
High closing costs! SFR to rent.
Estimated closing costs for a $450K SFR in good location, its in "ok" condition with 17 inspection faults. (There were 10 more but didnt ask seller to fix them, my handyman can do it.)And closing costs are around $180...
Javed Z.
Best area to buy a property
Hi all,I have been exploring this forum after somebody recommended me and I must say that you people are super helpful and knowledgeable. We, a family of 4, are relocating to Maryland and currently looking into house ...
Robert Reardon
Creative Financing Owner-Occupied
Hi guys,I have a friend who is pre-qualified up to $150,000 to buy his first home. He's bid on 4 properties so far and each time the seller went with a cash buyer. Are there any lenders who offer bridge financing for ...