Jeff Lockshine
Closing cost credit vs. lower sales price
I am in the process of purchasing my second investment property. I have asked for a credit in closing costs to remove the inspection contingency. The seller has indicated they would prefer to reduce the sales price ...
Manasseh Arnold
My first contract: Appraisal may be lower
Like the topic says, this week I took action and made my first offer on a ideal house hack property while deployed. The property has two houses one lot. One is a 3b 1b and the other is a 2b 1b. We believe the listing ...
Thomas Wang
Why appraisal lower for cash out refinance?
In end of October 2019, I purchased a 4-plex for $175,000 in Cleveland but my appraisal came in for $245,000 at that time. 10 months later now, I want to do a cash out refinance but the appraiser this mortgage company...
Joe Butcher
3 X the rent on lower income?
I hear a lot of landlords on here talk about tenants needing to make 3x the rent to qualify. Is this rule still a reasonable expectation in lower income areas?
About the unit I'm renting: I think I can get 10...
Geoffrey Murphy
lower end rentals vs higher end rentals
Hey BP,
I have a question that has been on my mind for sometime now. I was reading a few threads from the archivsection on this but i still needed a little bit of clarification.
I notice that some investors invest i...
Daniel C.
House Hacking in Lower Bucks County (PA)
Hello,I'm currently renting in Center City and want to start my Real Estate Investing journey soon (3-6mo) by house hacking a 2-4 unit property. My budget is $300k. Lower Bucks County has piqued my interest due to it'...
Jonathan Roveto
SFH neighbors lowering the appearance of neighborhood
I recently purchased another attached SFH, and I have run into a problem. I purchased the property, and the neighborhood seemed decent enough. I go out of state for a few weeks only to come back to see the neighbors h...
Christopher Polanco
New Member from lower Hudson Valley NY
Hi everyone. Just looking for some education on real estate investing. Very new to this. My first dip into this was 5 years ago when I bought my first house, a 2 family Victorian which I curently occupy and I rent the...
Sarah Melton
Long term, lower value ($30-50K) lending
Does anyone have any lenders they use or have heard of for long-term financing for lower value loans between $30-50K? There are so many great cash flowing properties in the midwest that don't need any work and are in...
Frank Wolter
Lower those property taxes, increase your return!
You be surprised on how many people do not contest their property taxes or don't even know you can.
When I purchase a property of course the only way I do is if it's a good deal. Being local In Cleveland its much eas...