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Looking for any advice please. After 90 days of escrow, my lender said my loan would not get approved due to “lack of marketability” of the investment property duplex based on appraiser not able to find any comparable...
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So, I have a potential deal with 1400 feet above ground and a full basement with egress. As I understand it now, I cannot force as much value on the underground footage as I can on the above ground footage through imp...
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Hello Everyone,I love this forum and how members share information.I am trying to get data, prior to investment, in cities in LA and OC. Found insideairbnb.com as a very useful site with detail numbers in LA neighborh...
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Hi BP! I'm looking to purchase my very first commercial property. (Yikes!) It is an old daycare building that hasn't been in about 10 years. The broker says the owner is willing to owner finance. The price is $250k fo...
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Hello everyone, I am closing on a three family unit next week. The first floor is 3 bedrooms with washer and dryer in the unit (1,000 rent). The second floor is 3 bedrooms slightly smaller without washer and dryer (85...
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Hi all. A friend of mine recently had an offer accepted for his first multi-family property in the Boston area (~400k). For some background, he's planning on moving into the house, using an FHA loan for money down and...
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So I just " re-talked " with the appraiser that came out a week and a half ago, to do the appraisal on the property I am trying to purchase.When he came out, he said that there were certain issues with the house , an...
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Hey everyone, I see that rates are really low lately. I have an investment property currently at 4.5%. I am seeing rates as low as in the 2s. Are rates this low for investment properties too or is this just for ow...
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So I'm in the beginning stages of becoming an investor. Was wondering is it worth having my own license to do my own deals.
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Hi all,Newbie here. I've not yet invested in my first property, but I plan to purchase my first one by the end of 2023. I'd really like to get a great team in place for long term relations and reliability prior to. Do...