I am trying to buy a duplex for myself and my daughter. The lender is out of state and telling me that the cost of an appraisal in Maine is $725.00. Is that reasonable?
Hi All. First post. First investment property. Just getting my financial house in order and talking to some lenders. Most of them are quoting me: An origination fee - $2500A processing fee - $1000An Underwriting fee -...
Hey guys,
So I have an offer accepted, I'm looking to close in 30 days on a multi-family in the Cleveland area. I'm curious on how to go about paying the down payment so that I will not potentially trigger a "due on ...
Hi all, I'm just looking for feedback on a deal that my wife and I are considering since we're not professional commercial real estate investors. Thanks for any comments.We live in a small town not far from a very pop...
So my FHA appraisal on the triplex I’m under contract to house hack and purchase just came back $52,000 LOWER than agreed upon offer. My lender, agent, listing agent, and anyone I’ve shown the appraisal to thinks it’s...
I am a landlord in California. I recently had a new tenant that stated that a person was going to stay with them for a couple of weeks to help them move in. However when that time past, and I asked when the guest was...
I'm looking for a 3rd party laundry vendor or laundry broker to negotiate some new laundry equipment for a couple assets in Indianapolis and Cincinnati. If anyone has any good suggestions, or deals you've been able t...
Hi BP,I'd love to get your thoughts on this potential deal.Sale price: 4 Bedroom, 2 bath - $87,000, VA foreclosure.Location: Michigan, area with good school district in Oakland County.From the CMA, seems that the ave...
Hi everyone! I've been listening to the podcast and doing some REI reading for the past few years, but I think it's finally time for me to make a move. I'm excited to finally be joining the community!I lived in Ohio f...
Hello all. Here is my prob. I want to start a company for buy and hold and possibly flipping properties, once the market gets better. The 2 people in charge of this company will be me and my sister....Let's call it...