Hello Everyone!This might be a silly question but I’ve been looking at many properties on Zillow, Homesnap, Realtor, etc. and when it comes to looking at the property taxes (I know I should be more thorough but for no...
Hello,I’m between lenders and they both sent me back my appraisal. Lender one: fully approved & rate locked in.Lender two: Conditionally approved and my rate is locked.Lender two’s appraisal is 5k less than lender...
Hi All, My name is Gilbert and I am fairly new to Bigger Pockets. I am currently pending on a duplex in the Westmont area of South Los Angeles (just south of Century, between Western and Normandie). I have some concer...
I just closed on my first multi-family located in Shaker Heights, OH. It is currently a two family house (first floor and second floor apartments). Each is separately metered for gas and electricity-which the tenants ...
I am not clear if bank owned REO properties are the same as Fannie Mae properties. I know some banks list their REOs for sale but are they the same regarding Fannie Mae? And do the same rules apply for wholesaling the...
Hello all! I cant seem to find any lenders that offer HELOCs on investment properties. Can anyone suggest any? I did speak to Wells Fargo and they only lend 60% LTV. Not ideal. Any help would be appreciated.
Hi all,Does anybody have a reason why we use a higher reversion cap rate in our analyses besides for the sake of being conservative?I've heard that one should add 10 basis points per year to the purchase cap rate to d...
Hi friends! What neighborhoods in Baltimore are great for BRRRRs right now? Based on my initial research, I'm looking at the 21213 zip code but I'm open to others (no D class neighborhoods though). Specifically, I'm l...
Hey BP Fam, two questions for you. 1st question; is there a huge difference in the rate for a conforming conventional loan for an investment property vs primary home? 2nd questions; I Just got pre approved for a non Q...
Hey gang, Im looking to buy a 4-6 unit in Vegas right now for a buy-and-hold strategy. Not looking to do anything crazy, just buy a normal deal with no significant value add and in a decent area. What sort of cap rate...