Aaron Hale
Part rehab, part occupied... Will it qualify for a mortgage?
Hey BP,I’ve located a triplex that has some potential but am wondering about financing. It is 33% occupied and the one unit puts it over the 1% rent to price ratio. However, the other two units and the exterior need s...
Curtis Mears
Fixing a Gas Fireplace
I have a property with a gas fireplace. The fireplace was non functioning when I purchased the property so I had the contractor disconnect the gas to it. When the current tenants moved in, I told them it was disconnec...
Daniel Taylor
Why would seller reject offers with FHA/Repair financing?
I'm scrolling through the MLS and came across a property with a description that says "Cash, hard money or Conventional only... no FHA or Repair loans." Why would a seller intentionally limit the types of offers he/sh...
Garrett Olsen
Non functional triplex financing
Hey guys,
So I found this triplex that is on the market for $290,000, the seller has redone the dry wall, roof and windows. The property is an open slate to design the units how you want, the thing is that its not fu...
Sam Kay
Need Multifamily Owner Occ Homeowner's Ins
Hello BP team!Having a tough time finding a company to cover a multifamily property that I intend to owner occ in Jersey City. And when I do, the premiums are insane. Anyone have any homeowner insurance contacts local...
Denise Carringer
Conventional Investment loan with 15% down?
Hello! I just listened to the latest episode of the BiggerPockets OG podcast where the guest was referencing conventional investment loans with a 15% LTV. Does anyone know where such a lender might be? Looking for lon...
Leo A.
Appraisal Question
After finally getting my first short sale(buy and hold) in escrow, the appraisal result came back. Need some advise from fellow BP members:- Appraiser did not include the permitted partial garage conversion. Based on ...
Will Shoemaker
Land Flip to Dev Prop
How practical is acquiring land to dev mini home/1-2 Bedroom functional home? 40k prefab20k electric and water hookup10k land dev100k 1-2 acreOrrrrr170k duplex with prefab home in back of yard ( section off drive into...
James Pignataro
How do new windows affect the appraised value of the home?
Are there any appraisers out there? I am looking for a ballpark estimate on how significant new vinyl windows will affect the value of the home? I am replacing all windows due to the current ones being old and out d...
Nick Miller
Fence Replacement and Painting
Hi BP. I have a 3/2 rental in Mobile, AL rented for $855/month and am looking for options for getting the fence repaired or possibly replaced after storm damage. Existing fence is white picket at the front, and 4’ pri...