Luke Mccandless
Appraisal fee seems really high
My family is being charged $3300 for an appraisal by the bank he is using ( This is for a commercial 11 unit mixed use property in Spokane Wa.) - This seems really high to me ?
Heather Carrow
My biggest barrier is not knowing my market
Hi guys! I’ve been doing my research and I want to put together a business plan to get things moving, however I am struggling to pick and get to know my market. I want to invest locally through house flipping, but I l...
Tory Lane
How do I get the third home?
Hello BPI'm about to start investing in property and have a couple questions.Putting my house up for sale soon in an active market.Should clear about 200-250k on the sale, let's call it 200 for discussion purposesI wi...
Khizar Hanif
12-unit deal (stabilized)
Hey all,
Need some deal advice and some creativity. Have a 12-unit that I'm wanting to offer on. This deal is already stabilized, no forced appreciation opportunities here, which I am OK with. It seems like a solid ...
Tico Sellers
Anchorage 4-plex inspection findings
Hey all! I wanted to ask for your thoughts on critical items to scrutinize on inspection reports. I am working on entering the Mountain View 4-plex market. I know many would steer clear of this neighborhood. Howev...
Michael Shea
DTI: Rent by room income on schdule E
I'm contemplating renting out an investment property(non-primary residence) on a room-by-room basis with separate longer-term leases for each bedroom. I'm curious if the income from these rentals, listed on Schedule E...
Amber B.
1031 exchange for selling a Single-Family Residence (SFR)
Hello All!I am considering a 1031 exchange for selling a Single-Family Residence (SFR) in order to purchase either a commercial land/pad site and develop houses/office buildings on it. I have a few inquiries regarding...
John H.
Closing pushed off, buyer wants to rent until closing
I'm selling my home (owner occupied investment property) and my buyer just found out they can't close on time as planned. They asked for 2 additional weeks before the closing. I proposed we go 4 weeks instead as the...
Ryan Duphorn
Is my loan origination charges high or normal for this current market?
$269,800 loan. Loan origination charges are $4,670 (origination fee) and $1055 (underwriting fee). My loan is a 5% down owner occupied conventional loan at 7.5% interest. At first glance, this seemed high to me but I'...
Shaun Hatton
203k Loans in Alaska
Anyone done a 203k loan on the Kenai Peninsula? Wondering if there's HUD consultants and approved contractors around. Not sure if the reporting requirements are too time consuming for contractors in a busy market.