Hello,I'm new to real estate investing and have been analysis a hand full of deals. From what I've learned so far the cap rate in my area is between 5.5-6% As I run the numbers on a 38 unit apartment complex with a ...
Can someone with lots of familiarity in real estate taxes confirm whether or not it would trigger capital gains when my co-business partner and I exchanged our 50% interest in each of our respective unit of the new tw...
Hi All- Patrick Himes with NRL Mortgage here……. A lot of questions still remain, hopefully we can answer a few of them.
Is now a good time to buy or refi?
I’m going to wait until prices come down.
Is this a hous...
During the process of selling a Fix-n-Flip, the appraisal came in lower than my Listing price. My agent said that the price HAS to be lowered due to the appraisal. The appraisal was lower than expected upon my purch...
Should I look at new construction properties in new communities that seem to be appreciating or older property that has lower mortgage and more likely to cash flow?
I found that my home has lower Zestimate (by Zillow) and the other website price estimates compared with other similar homes in the neighborhood. It is actually significantly lower than a bank appraisal.
When I shop...
Some investors want to know the sequence of questions to ask a prospect I’ll never ask their name or house address until they qualify themselves as a prospect at the minimum amount of 85% of as is value. this is the...
Hi there-
My brother and I purchased an investment property in April 2013 for $185K, and put down 25%. After closing, we transferred the property title to the LLC's name. The current mortgage is under my brot...
Need to refi to lower my note & pay my PML without property leased. What are my options?The rental is $3000 per month and upscale in my area which takes time to lease out. I need to payoff my PML and lower my note...
I'm showing this tri level home.The front of home is on ground level.The back of home has lower level partially underground.is this considered lower level or basement?