Tyler H.
Need help understanding this lost HUD bid.....
So last November I submitted an offer for a client on a HUD home, during initial owner occupied period. The home was listed @ $200K. Our submitted NET offer was slightly above asking price (conventional financing).......
Eduardo Lopez
NAHB: Home Builder Confidence Highest in 12 Years
According to the National Association of Home Builders Housing Market Index for March, builder confidence in market conditions reached its highest level in 12 years and was six points higher than February’s index read...
Account Closed
Estimating repairs with Nailed it site
Hi does anyone use Nailed It and how accurate are the repair estimates on that site?https://nailed-it.app/Thank you
Rich Bultema
"Revolving credit balance too high"
My credit is being affected by, among other things, "revolving credit balance too high"it appears they like to see less than 30 percent utilization but does anyone know how that is handled with more than one credit li...
Jonathan Nelson
Serious topic: What does FMV stand for and mean? (Fair Market Value)
I am a FL Wholesaler I just recently partnered with a Note Buyer/ REO bulk contract holder.They sent me 4 deals, with addresses and zip codes. They state that they are 42% FMV or Offer from the Buyer. However, they di...
Arjan Amiri
How Should My Friend Allocate His Capital When Relocating?
Dear Forum,My friend lives in the Bay Area and is preparing to relocate. I would like to get everyone's opinion on how he should make his next move. He has about 550,000 dollars to spend. Should he buy a 3,000 sq ft h...
Nik Corbaxhi
Refinancing an Investment Property
I currently own 2 investment properties, which are working out pretty well and have enough capital to pull the trigger on a 3rd one, 20-25% down with the rest being financed. My first 2 properties are financed 30 Year...
Tamas Z.
Are current tenants a big factor in the sellability?
Hey all,I'm considering an investment property that I'd likely want to hold for maybe a small handful of years before selling. The current tenant is an adult family home with a handful of residents, plus the owner's f...
Chris Eaker
Multifamily purchase survey
Hello Everyone,I understand that surveys are one of the expenses when buying a multi-family property. Is this always a requirement or does it vary? If one was done within the recent past and nothing was built on the p...
Henri Meli
Question on tax valuation of property
I recently purchased a commercial building and paid 65% of the county assessed tax value of the building. The owners wanted to sell it really bad. The building was no longer fully leased and most of the leases were we...