Tom Del
Appraisal came in way under for FHA buyers
I am selling my house for $299,000 as a FSBO and the buyers are pre-approved for an FHA loan. However their appraisal just came back for $266,000 which I believe is incredibly low for the home, the neighborhood, the m...
Randall Re II
DSCR loans and what to do
As a real estate investor seeking a Debt Service Coverage Ratio (DSCR) loan, you should reach out to multiple commercial lenders such as banks, credit unions, and alternative lenders. It's recommended to compare the r...
Christian Requejo
Pros and Cons between HELOC and Bank Construction loan for New home construction
Hello everyone, I need advice in reference to using a HELCO or Bank Construction loan to build a new home. I have a lot and I want to build a new home on it as my primary residence. I currently own a home with a lot o...
Erik B.
Insurance Recommendations For A 4 Unit In Gardena
Hi All,Newbie here. My wife and I are currently in negotiations on 4 unit in Gardena. Would any of you all have any trusted insurance agencies I could reach out to for quotes? I'm unfamiliar with what would be con...
Carlos Pelegrina
seasoned flippers call for help on heating and cooling
I need to provide the house with new heating and cooling.
What would you do? HVAC system? or a hot water system with cool modern radiators and a split unit for AC.this last one is easier for construction with less de...
Austin Fox
Do surrounding SFH influence price of selling your SFH?
Hello BP,So the discussion came up yesterday with my mother about her current reno. Bought a 300k foreclosure, so far 200k in reno added with still 50k-80k to go. We talked about possibly selling at some point and wha...
Sang Yi
Which offers would you choose and why? I'm under contract now.
Received multiple offers in a short period of time. Total of 11 but only 3 really stood out to me.Built 2009. Single story home in TN. Mid 1700 sqft. Used comparables that were under contract and closing soon. Listed ...
Colby Shelhorse
Mold in REO Foreclosure
I am looking at a REO property that has been on the market over 100 days. The listing agent for the bank has been contacted and has notified me that there is a mold problem in the basement. They say that it would cost...
Saman Jafari
how to compare loans
I've got a pre-approval from WF with 2.786% APR and 2.625% interest rate (with 760+ credit score). However, I was trying to compare this with other lenders' loans, but I am not sure if I need to compare the APRs or in...
Facundo Gauna
Applying for HELOC and appraisal question
Hello there, I recently applied for a HELOC. The appraisal came back to my home. This is my first time getting a HELOC.The AMV value is 499K @ 2,350 sq ft with 4/3. There are similar homes in my neighborhood with very...