Jessica G.
Rapid appreciation in DFW -- what if house doesn't appraise
We are thinking about putting a house on the market in DFW (updated starter homes are going in hours under multiple offers) and I am pretty sure financing bank's appraisal is going to come in at less than what a bu...
Gavin Lavat
First Investment: Student rental!
In the Works! I have submitted my first official offer. I found a 4 bedroom 1 bathroom, in great shape ready to live in. Comes with appliances and some furniture. within a mile of my campus (walking distance) The list...
William MacBride
Appraisal basics
Another really basic question:
How do you get an FSBO house appraised? Do you have a real estate agent do it? If so I assume there'd be a cost with that and also the possibility the real estate agent could list ...
Chris Fayling
Cash out refi issue
Hey bp,
I am buying my primary home via land contract, from my grandparents. I have a lot of equity, I only owe 30,0000 on a house that is worth around 100,000, so I was trying to take advantage of my equity and ...
Phillip Lanier
Is there a way around the 90 day FHA title seasoning?
Hello BP friends,I am looking for any insight on how I can structure the following deal. I have negotiated a "sub to" deal where I will be paying the owner $3,000 and getting the deed subject to an existing mortgage....
Benjamin Rosemont
Financing a Rehab for House Hacking
My wife and I just had an offer accepted on a property we're planning to house hack. The property will need some rehab to make it suitable for renting. We have a relative with extra cash who is willing to loan us mone...
Trey Leigh
Advice on deal
BP friends
I've found a house that is for sale by owner, a guy and his two brothers inherited it and have failed to pay taxes on it to the tune of 12k dollars. He wants to sell it and is asking 40k. I believe I ca...
Kevin Mcnair
New Fannie Rules for SFH investment Help
I bought my 3rd SFH investment property last month ( 3/5) and paid 25% down with a 3.15% rate on a 30 year conventional. The bank told me I get another with the same numbers but today (4/2) after the Fannie Mae chang...
Chris Lawrence
Rehabbed everything but the Sewer line- Buy & Hold
Investment Info:Single-family residence buy & hold investment.
Purchase price: $35,500 Cash invested: $21,000Purchased this rental property through a wholesaler. I did the BRRRR strategy. Currently have a ...
Rachel Syphers
Refinancing Question
We are looking at buying an undervalued income property with cash. My question is, can we refinance and pull out the money we initially invested? If so what percent of equity should be left in the house and how long c...