Mike Cartmell
Option Exercised but low appraisal
My tenant buyer has exercised their option to purchase but the appraisal came in low. I do have a clause in our contract that states I have the right to sell at the appraisal price but I am wondering if I am still ob...
Account Closed
Seller not responding with 2 weeks until closing
Currently in the process of buying a home (or so I thought) and I just got the appraisal with two weeks until settlement. The appraisal was $10,000 less than the price we agreed on. Seller was also paying full closing...
Noelle Mastelotto
Moving to a New (Midwest) Market
Hi BP community!My husband, myself and my four pups are selling our house in Austin metro area and looking to move to a new more affordable market. We’ve done a few live in flips and are hoping to get into our first h...
Trevor Toft
No cash flow but great property! Rent or Sell?
I currently own a town-home in a great neighborhood that I purchased back in 2020. I am looking to start my real estate investing journey and my first thought is to utilize a HELOC on my primary residence, rent it out...
Michael Klinger
Multi-family 1031 Chicken? Egg? Conundrum?
Sold commercial office. Now in a 1031.I have a few weeks left on my identify period. After years to think about it, I have just a few weeks to get a deal in place.The years of thinking about it process, strongly persu...
Uju Anyanwu
Prospective renter has class C misdemeanor
A couple filled out application for renting my property. Their credits are bad 500+. I was gonna overlook the credit and rent the house to them since most applicants have low credits. I have called their past 2 landlo...
Scott Beyea
Micro properties next new thing?
http://www.forbes.com/sites/petertaylor/2016/07/19...Please check out this interesting recent article posted on forbes! I'm curious what others on the BP community think about how this will impact the future of real e...
Dexter Wallace
When to purchase 1st Property
Hey BP World,I've recently started my journey down the road of Real Estate Investing, currently educating myself on the basics and the local market. My Question is how long did it take before you felt comfortable to p...
Frank Martielli
Middlesex County - Homestyle / 203K Contractor Suggestions
Hello All,Wondering if anyone knows of a decent contractor that does work in Middlesex County that has experience with the Homestyle process,This would be on a single family, owner occupied home. I'm familiar with bot...
Nhia Yang
Should landlords live onsite or not?
I found a small multi-family property (4 units, 2BR/1BA per unit) and it qualifies for FHA financing. I am thinking about living in a spare unit (the other 3 units are currently renting at $550/mo each). Has any of yo...