Jake Rhodes
Bank will refi on Cost of home + repairs ONLY not Appraisal
I went to the bank yesterday and they said if doing the BRRRR strategy they would only give me 75% LTV (if held under 3 years) on the purchase price and the rehab costs. NOT the appraised value.
Example. Buy for ...
Melanie Fletcher
can I sue to recoup costs incurred due to bank's incompetence?
My situation..... sorry in advance for the long post!!My husband and I are NYC residents looking to purchase investment properties in Pittsburgh, PA. Since July we have been working with a local Pittsburgh portfolio ...
Jonathan Bivas
How to ask the bank to fund 100% of purchase / rehab cost?
Hey guys!My girlfriend and I just closed on our first home. We bought a condo for the two of us to live in which has been a wonderful and exciting process. I wanted to house hack but she wasn't loving the idea :/ howe...
Jason Keating
Closing costs $9305 on a 108000 cash out!!
This seems excessive to me. Cash out is at a small local credit union. They said this is what they account for and anticipate so it may change. What are your thoughts? What can I negotiate down? Rate is 4% on a 30 y...
Emily Berry
Including Repair Costs in Bank Loan If Property Appraises for Purchase Price + Rehab
Good morning, BiggerPockets Community.I am going to buy my dad's house for my first flip. Orignally, I was going to buy the house for $200,000 and use either hard money or a HELOC for the rehab costs. Then I thought I...
