Hey guys my appraiser for my duplex just notified me that before being able to close I have to get the paint chipping fixed on the property. Does anyone know how anal they are about this or to what extent must this ge...
Hello all! I've been learning a lot from this site, and this is my first post. I was hoping to get some opinions on a potential deal I've come across. My market is Tulsa, Oklahoma. Theres a home near downtown in an ar...
We own 1/4 of a side by side quadplex in Kansas where marijuana is not legal, (not even medical, yet.) We have no ownership to the other 3/4 of the property, therefore no leases with anyone there except for our tenan...
Total newbie question here but I'm searching for 5+ unit multi families and commercial loans only have 5, 7 or 10 year terms. I understand that refi is part of the process, but this seems to force a refi that could co...
Hi,1. What are the advantages and disadvantages with using the 203k or Fannie Mae Renovation Loan vs Hard Money Loans for fix and flip properties?2. What are the advantages and disadvantages using Hard Money Loans for...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $475,000
Cash invested: $36,000
Sale price: $700,000
Contributors:
John Whitney,
Victoria Lode...
Hi all, I have learned a lot after lurking for nearly a year on BP forums. Thank you all for your helpful posts. My wife and I “house-hacked” (hope that’s the correct terminology?) our way into f...
Hi all! New member here and look forward to connecting and learning. My investment background: I got my RE license several years ago to simply save money on purchasing my own homes. I ended up helping a handful of fri...
I've personally never executed a sandwich lease option...thanks in advance for the input.The story:Motivated landlordAsking $65kARV $80kRenovation ? assume $0 to hold...property is in good condition10-yr tenants @$770...
To keep this brief, I will simply highlight that a tenant agreed to another 6 month lease beginning in January 2015 (agreed via text...perhaps not the most legally binding, but nonetheless). They decided to move this...