Daniel Miller
Assuming a Mortgage...RE Agent says can't be done
I am trying to purchase a fourplex.
My parents (due to my lack of credit history) have stated that they will assume the existing mortgage. I talked this over with my RE Agent and he said banks will probably n...
Paul K.
Need advice for finding tenants near train tracks
tldr: bought rental property sight unseen due to military orders and buying out of state. Realtor failed to mention that there were train tracks and a railroad crossing right behind the house. Found out after I closed...
Wade G.
Circle of Influence - does it really matter?
We have all heard the saying that you are the average of your five closest friends. Lately this has had me thinking about that. For me the people I am around the most are the people I work with at my job and my wife...
Gloria Lynch
What did YOU do in your first month as a Real Estate Agent?
I'm putting together my website, and a new blog, documenting my beginnings into the world of Real Estate. I'd like to know what YOU did in your first month as an agent. Please attach your contact info/website, becau...
Marc C.
Interest Rates: For every .5% rise, prices need to fall 3%?
So, according to http://www.crefcoa.com/apartment-rates-main.html, apartment loan rates are up about .5% under D. Trump. Around 4.88% for what I'm looking for, up from 4.39%. What should that do to YOUR calculations,...
Dave Mosher
How much to low-ball on a foreclosure?
I have been noticing a few bank owned foreclosures in my area that have caught my eye. In your opinions, how negotiable is the listing price and how willing are banks to accept a lowball offer? I am looking at one t...
Ron Vered
Basic finance questions about IRR
Hello!I'd like to ask the following general investment questions regarding real estate investment. This is while I am trying to analyze my potential first real-estate deal.Please correct me if I am wrong, but it seems...
Bruce Ray
Purchasing strategy for multiple properties sold by same owner
I remember listening to a BP pod cast and the investor talked about asking questions. I was talking to my real estate agent about a small duplex on the market. The duplex is being sold by a real estate investor and ha...
Andrew Santiago
Feedback: first investment property during uncertain times.
I am currently in the closing process of my first investment property. Originally everything was running smooth, the single family row home was in good shape and had long term renters I was looking to take over.The pr...
Matt Laird
Financing on SFH w/ garage apartments
I was preapproved for an investment loan for 20% down 4% 15yr, up to 300k, found a property to buy & hold. My bid was accepted @ $109,800 The property is a mid 50s built 2 bed 1 bath, large corner lot, it also ...