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Hello everyone, I hope you are well.
Quick snapshot of situation
I was fortunate enough to find a deal in the south florida market (Fort Lauderdale) where the sellers were looking to retire but were house rich/cash ...
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Hey BP,How's everything?After due diligence I've found a unique opportunity here in Tampa for my first Buy & Hold / Investment Property.Check it out here: http://tampa.craigslist.org/hil/bfs/5288047735.htm... You ...
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My family has around 60 acres of remaining land that we are looking to finish developing just south of Oklahoma City. We have sold several lots to developers a few years back and the completed spec homes sold very qui...
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Question for a multifamily property that has less than 70% vacancy... To figure out the proforma NOI would you underwrite the value as if the property had 90% occupancy?
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $159,000
Cash invested: $53,000
2nd triplex, no rehab, inherited tenants, cash flows $1,000 per month
...
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We are under contract on an awesome mixed use zoned property that is currently a commercial office but we will be renovating it and turning into an STR (which is legally allowed under the zoning). This isn't an offic...
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In contract on a 5 acre non-conforming property. Acreage is in a urban area where lots this size are very rare. Has a tear-down primary residence and a 1bd ADU. Obviously conventional and portfolio lenders are not an...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $50,000
Cash invested: $55,000
Sale price: $135,000
This two story St. Joseph gem displays meticulous craftsman...
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I’m looking for advice writing a resume to potentially qualify for an underwriting position. I did get my Series 7 & 63 back in 2009 but I do not have any real estate related college credits. I have been underwrit...
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Hi guys! I’m still under contract to buy a property, and the plan was to create a studio apartment in the back of the house while the current tenant rides out their lease. However, the underwriters won’t approve the l...