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Hello,When a bank is doing an appraisal to refinance a property what are some of the major metrics they look for? Also what are some small/inexpensive things you can do to bump up the appraisal a little?
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Hi all – would appreciate thoughts on the following deal:Three family for sale in decent neighborhood Siding, windows and roof all replaced in the last 8 years. Some challenges: Substantial deferred maintenance on the...
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I am under contract to purchase a few properties in southside of Chicago, aiming for section 8 tenants. It's my understanding that the property needs to pass CHA (Chicago Housing Authority) inspection. Anybody know ...
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I'm under contract on a home in a small town where I grew up. All things have checked out on the home inspection except for the wiring. It's a 1948 home (no worries, I'm aware of the headaches that may come), but I've...
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I have a side by side duplex I have been house hacking for the last 4 years and I am unsure if I should keep it or sell it. I want to move to a single family (maybe build the house) but I don't have a ton of money sav...
I've been loaning businesses rehab funds for their projects and was wondering if my business activity requires a licence in Oregon state. I'm in Washington and so is the business I loan to however the projects are in...
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Hey Everyone,
I am new to the real estate investing business and am looking to make an offer on my first property shortly. There is a particular property that I like, but it has some "issues" so I thought I would get...
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Hi BP community. I have a contract to purchase a SFR in Canton Ohio that has a foundation issue. The foundation has sunk a little causing the floors in the home to slope a little. We have estimates for repair work ...
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Hi everyone,
First time posting here but been a lurker for a while. I am looking at purchasing a small apartment building that has knob and tube wiring and needs some rehab - are there any issues with just leaving thi...
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Have a bit of a problem here. I just purchased a multi-family building a few months ago. There was a previous tenant with a child who's 8 I believe. They've been in the building for less then a year, and I've owned...