Wai Hong Wong
Can I do a FHA appraisal without applying a FHA loan
planned to cash buy . just wonder if I could leverage a FHA appraisal to make sure everything is safe and probably a lower value for a better negotiation.
Danny Day
On the other side of the appraisal
I listed a home for a client about 90 days ago, and we got a contract a week or two ago. When I listed, I knew we were a tad bit over priced - about $4,000 max.
The offer came in about $9,900 under our list price - ...
Jose Duran
Real estate agent & turnkey company
Hi I have a question about turnkey companies, I've done some research about turnkey companies I know the pros and cons. Normal real estate investing is a little bit hard for me because I spend a lot of my time over s...
Susan O.
Negotiating rate between two commercial lenders during Escrow
Do you guys use multiple commercial lenders? I was actually using 2 because in the past I've had issues with them not performing at the end and idn't want to have that happen againI don't have a hard committment from...
Account Closed
ARE SELLER CONCESSIONS IMPORTANT?
YES! Seller Concessions can help a borrower qualify or the best loan programs and can make or break a deal.Example: 103,000 list price $95,000 negotiated sales price/ net to seller or$10...
Thomas Smith
House Hack/BRRRR with Lessons Learned
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $209,000
Cash invested: $8,300
House Hack/BRRRR Deal
- Purchased 11/2018
- Occupied the lower unit
- Starte...
Ryan Thomson
How to Negotiate and Use Seller Concessions
Concessions are a great way to make buying a home less expensive. There are a couple of ways you can use concessions and a couple of ways to get the seller to offer them. Here is an overview of concessions.
If you ...
Michael Keane
20% Down, instead of 25% on First Investment Property?
Hello BP Community:I am in contract on my first investment property -- a duplex. I understand that many lenders want 25% down on multi-families for first-time investors. Any suggestions on how to negotiate with lender...
Michael Stutelberg
Offers/purchase foreclosed SFR
Getting ready to make an offer on a foreclosed/ban owned SFR. This house has been on market for awhile and needs some work. What have been some experiences on making lower offers/purchasing on foreclosed properties? D...
Cole Starin
Six Unit Multi-Family BRRRR
Investment Info:
Large multi-family (5+ units) buy & hold investment in Tuppers Plains.
Purchase price: $550,000
Cash invested: $450,000
6 unit multi-family BRRRR. Housing two STRs and four LTRs
...