If your property appraisal comes in under the offer price, is that additional gap coverage treated as an acquisition fee or as equity in the property? My closing statement has it categorized as "down payment" but I d...
This free app let's you quickly determine when you can retire, is it just me or is this really useful? Anyone know of better apps you like for this or what you like to do for your personal calculations different from ...
Newer duplex and there is a door connecting the units (dual locked) much like a hotel room. Should I keep or wall off? If I do wall off I add a closet for the smaller unit.
Hello- We just got our home inspection done for our first time home and here are the major issues that our inspector identified. Since it is sellers market, we are already paying way over the listing price. Would you ...
Hello all,
Looking for a contractor to give me some advice on laying vinyl flooring. The floor is uneven when stepping into the room from the tile in the kitchen. Originally it had carpet and there will be a gap of...
Hi, not sure where to post this exactly (there should be a DIY category 😅) but I am installing LVP over tile in my bathroom. I don’t want to rip up the tile cause I did it in the other unit and that was a nightmare. T...
Hey everyone!I’m Curious of your thoughts on selling one of your properties while owner financing only the appraisal gap if needed. For example, let’s say the appraisal comes in 10k short of the sale price. What would...
Property price $11,000,000, assumable loan (fannie Mae at 3.5%) $8,000,000. Cap rate 9.2%, Occupancy rate 68%. NOI $1,200,000, Location A+.
Now let say I can negotiate half of the 3M and seller finance the rest at ...
I have an unfinished basement that we noticed has some mild to moderate levels of moisture on some soil/dirt on the floor we just discovered. Upon checking, the gutters, downspouts and grading all look good. We did no...
Hello - I have a side-by-side duplex that i'm converting into an STR. I noticed that the walls are somewhat thin and when I'm sitting in one of the units I can hear some noises from the other unit. Is this a problem...