Thomas Dionne
Telling a lender "no" when asking for receipts for rehab
I have bought my 1st property for 50k, put around 4k into it and appraised is for 94k (did appraisal on my own because i just had to know)I have like 4 people (out of 300 calls) already wanting to rent to own it that ...
David Luu
Property insurance coverage amount while holding mortgage
If the property has a mortgage/lender, and the loan amount is greater than replacement/rebuild cost for property, is it better to have insurance coverage for the loan amount or the replacement cost?
I understand goin...
Laura Mrazik
Business Plan - building new primary residence to rent out current home
Hi there - my husband and I are preparing to build our new house (on land we already own). He is a contractor and will be doing all the labor. Our plan is to rent out our current home, which we own, once we move int...
Benjamin Ellis
203k Loan
Anyone on here have any experience using a 203k loan? I am looking to do my first deal, and if this is a viable option, I would use this as a rental property. I just don't hear of many people using this as an option!
Deven Bowles
CPA recommendation in OKC area
I am looking for a CPA recommendation in the Oklahoma City area. Would prefer a CPA who also invests in real estate with a rental property focus.
Robin Simon
What Are Current DSCR Loan Rates? Key Market Movers and How to Track Rates
Ever wondered how to track the market for mortgage rates, especially when it comes to Non-QM and DSCR Loans? Check out my latest article published here on BP!Thoughts/comments/feedback? Did I forget anything? let me...
Carlos Feliciano II
Estimating rehab costs during initial lead generation and triage
Hi All,As I slowly stack money away for my first future rental purchase, I have a few questions regarding estimating rehab costs when going through practice reps. I'm basically going through properties on Realtor and...
Eric Thomas
Virtual Appraisal suggestions?
Does anybody have suggestions on any virtual appraisers out there who will do work for investors rather than banks? We have a property in a trust where the grantor has recently passed, and we need to establish a "ste...
Natalie Lalonde
Our Home & First Build
Investment Info:Small multi-family (2-4 units) other investment.Our home that we built ourselves in 2014 with no money down (sweat equity instead) and added a 2 bedroom basement unitWhat made you interested in investi...
Nia Merced
Cash or Loan
Hi People, I'm a rookie investor/real estate agent from NY and I have an opportunity to purchase my first property with cash. I aim to invest in a few MTR/LTRs in a B-class neighborhood in Greenville, SC. I am dete...