Rudy Manna
SFR Appraisal cost in Seattle area through the roof
Looks like SFR appraisal costs are through the roof in Seattle area. I am financing two houses (SFR) in Pierce county and bank appraisal costs for each house $1k. These are regular non-expedited appraisals.Want to he...
Brian Bistolfo
Asset Protection vs. 30-year terms!! Can't do both??
Hi Everybody,Looking to hear from you seasoned investors on this one. I've picked up a number of properties on 30-year notes in my personal name, but as I scale up this starts to become a major liability issue. It sou...
Frank S.
Will lender provide financing on a house w/o inspecting interior?
Hypothetical question - I own a house free and clear and would like to take out a home equity or mortgage to fund an investment property purchase . However, due to an ongoing tenancy issue an interior inspection for t...
Matthew Noble
Appraisals and Equity Lines
Hello BP!My first post, go easy on me...I own a Duplex In the bay area that has an attached ADU (accessory dwelling unit) or granny unit. Not legal as far as the city is concerned.For all intensive purposes it could b...
Jim Collins
Shouldn't PITIA paid by LLCs be excluded from personal DTI calculation?
I am paying mortgage for all the rentals from business accounts. The only PITIA paid from personal account is for a personal residence. I am trying to get a 5% down first home buyer conventional on a fourplex for my d...
Rob Singh
Calling Landlords in Lake County, Illinois ?
Hello. I wanted to get some feedback/ideas on what the current eviction process is in Lake County, Illinois? I have a tenant, who we just served a 30 day non renewal notice. They were on month to month lease. And they...
Sharad M.
Banks fixing the properties?
Hello all,
So I was talking to a realtor this morning and I asked him why there weren't more properties coming on the market as compared to last year. He mentioned that some banks are actually fixing up the propertie...
Eric Knapp
Understanding DTI requirements
It is my understanding that to qualify for a conventional mortgage, banks generally have a 28/36 DTI limit, where front-end value of 28% is based on PITI, and back-end value of 36% based on total revolving debt.
Firs...
Jason Byrdsell
New and Excited!!
Hello all, I'm excited about being here on Bigger Pockets... I'm excited about my beginnings in investing here in Atlanta. I've owned a rental once before but decided that wasn't for me... At least not the way I was ...
Kamil Smith
New investor from the Bay Area
Hey Bigger Pockets members! I've been lurking this site for a while but now I feel like I can now participate! My name is Kamil Smith and I'm getting started investing in Northern California by doing some wholesaling,...