I have a fully rehabbed property in the Penn Hills area that I am trying to get a cash out refinance for. Asking $75k, expected appraised value is ~ $170k.The house is currently rented for 1800 a month on section 8 so...

Need some input
What property managers or rehab folks that
Hire contractor or handy men for Labor only but they still go out and charge material at homedepot and I pay for the material
Over the phone (phone sale ...

Thoughts, are we about to experience a correction or a recession? We are seeing things cool off in the market with the rise of interest rates. Instead of 10buyers you might only have 5. We have a two door brrrr proper...

Hey everyone,I have my builder and lot ready. Permits and plans are in review. I am browsing for a loan to get the financing side of this project taken care of. I am wondering which one of the two loans (hard money vs...

Times are tough in Europe. Bank lending in Europe right now is similar to bank lending in the U.S. during 2008 and 2009. Essentially non-existent. Although bail out monies are being moved to the most troubled banks in...

The numbers are out for Q4, 2018 and the results (vs Q4 2017) show:Median Sales Price: $375,000 - up 5.0%Average Sales Price: $443,555 - up 2.8%% of Original Price Received: 96% - down 0.5%# of Home for Sale: 1,136 - ...

Hey everybody,I’ve house hacked once and am looking to get into my next one. I’ve been pre approved for a 10% down owner occupied loan and I’m interested in a house that’s been on the market for a few weeks. My proble...

On a Cashout Refi, how do we account for closing costs on the general ledger?Property A was refinanced.  Property B was purchased.  Both are rentals.The proceeds from the property A loan paid for the property A closin...

I was part of a flip this last summer where I supplied some of the funds for purchasing materials. We agreed to do this as a loan at 10% but was a handshake agreement which was paid up. I was working as a contractor/p...

Hey everybody Heres the scenario.Just looking for advice not another agent solicitation My mom has a house in Pleasanton California worth 1.5 mil and 1.7 and a sizable chunk of equity in this property . She is looking...