Garrett Karnath
How to reduce prepaids/closing costs?
Hi! My wife and I are officially under contract with a new primary residence, with the goal of moving and then turning our current home into a rental. What are some things I can do after going under contract to lower ...
Ben Saad
Buying vs renting in San Diego
I have been looking at a ton of places for rent in San Diego and the rent is ridiculous and typically less than just buying a place and paying the mortgage. Any thoughts on if it’s better to buy in San Diego than to r...
Chanelle Dupre
What financial metrics are most important for landlords?
I'm wondering what financial metrics are important for landlords? Most landlords like to know the equity building on their property. After all, buy and rent out properties as part of their long term strategy. But ther...
Michelle Joiner
Make Offer on Multifamily
Whats the best way to determine the market value of a multifamily property?
Scott Frame
Appraisal Cost Higher for Investment Loans?
I am purchasing a property with a conventional investment loan and the lender is giving me a price of $795 for the appraisal, stating that "appraisals cost more for investment loans". Is this true? Why should an appra...
Aubrey Ford
Are these normal numbers on a loan disclosure?
Trying to do my first deal and I just recieved a loan disclosure that breaks my deal. With a 714 FICO, 20% down on a $65k purchase they are quoting a rate of 8.5% , adding 4.5 loan points, and a total of $8,825 in ...
O'Licia Parker-Smith
Is this interest rate high for a multi-family?
Hi everyone,
New to the forums and going through the lender approval process for a multifamily (aiming for a quadplex). This will be my second home purchase, but it'll be owner-occupied. I'm getting FHA interest rate...
Brendon W.
Comp Adjustments for Pittsburgh Area
I'm sure this question has been asked 1000 times on this site at this point, but I'm wondering if anyone has some market specific insight for the Pittsburgh Area.
I'm trying to run some comps on a single family home ...
Giovanni Isaksen
Single Family Construction Costs for 2013 Survey Results
The NAHB's Eye on Housing has a new post on the Cost of Constructing a Single-family Home in 2013. In the post is a table of cost items that go into building and selling a new home based on the survey sent to th...
Samuel Hall
Rehab analysis, Denver
Hey folks, I am practicing my deal analysis and want some feedback. Are my methods sound, am I missing any information?I went to the Denver foreclosure listing and picked a random property: 1592 SOUTH KRAMERIA STREET ...