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First Post! and working on my first deal! Quick back story. I built my first house four years ago. Lived in it for 3 years and sold for a nice profit. Bought a 113 year old house for more money than I ever thought I w...
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Investment Info:
Single-family residence buy & hold investment in Belmont.
Purchase price: $76,000
Cash invested: $6,000
3/1.5 townhouse. Rents for $875 a month. Gutted bathroom, new windows and ...
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Hello all,Did a search, but didn't find much on here for mortgage rates. What are you seeing for investor properties? Let's assume a 760 or above credit score, 75% LTV. I've been quoted, from someone I trust, 5.75%....
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I have been reviewing an Appraisal Report sent to me by a Seller. Report was done in April 2013. House was left to gentleman by his late mother. His 89 year old aunt resides in the property, but they are trying to fin...
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I have a question for any appraisers out there. I realize that market analyses and appraisals are not an exact science. As a licensed Realtor there are certain guidelines that I follow when preparing a market analys...
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I contested the value of 2 of my properties this last year and won both reviews. The county adjusted the value of each house to my purchase price but neither mortgage has adjusted their escrow to reflect the change. B...
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How long do you let your rental sit on the market before you start adjusting the listing to get more inquiries? What things do you make adjustments on? Rent, app fees, qualifications, etc...
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In the appraisal report I noticed that the appraiser does adjustment in the comparable price depending on the sale date. How is that number calculated? If the comparable property was sold 2 months ago then how much ex...
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With all of the changes and chaos in the mortgage industry it has become harder and harder to find conventional, hard money and private loans. However we still need funds to get deals done. My question to the experts ...
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I found a bank with portfolio product 7/1 ARM 4.99% for 7 years and then could adjust up to 2% a year starting year 8 with a Cap of 10.99% Maximum. With the ability to refinance anytime as rates start to drop or to sw...