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This is just the start of my journey, both for this property and for my REI career, but I learned a lot in the long time it took me to get this property under contract. Want to share what I learned along the way in th...
Understanding a Mortgage Appraisal - Part 1
The first thing to understand is appraisals are not all the same or equal. In fact, each appraisal is unique to the needs of the specific client.
Mortgage Appraisals are...
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Just finishing my open house with another list of prospective tenants I had received from Zillow... I have a few questions for my fellow city investors... - What has helped you find the most quality/qualified tenants?...
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I'm curious what the experiences other investors have had when it comes to banks verifying owner occupancy. I have a friend who said that they never checked but I'm curious if anyone has had any experience (good and ...
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Hi BP,I see tons of investors interested in turnkey properties lately, so I wanted to share my experience analyzing these deals after buying 4 in the last 12 months.After looking at maybe 100 or so properties, I can t...
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So I had a local agent, a young one that has not seen a downturn in the market, reach out to me and ask me what I was looking for in a house. I have been approved by my mortgage person for up to a certain amount, and ...
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Has anyone ever hear of a business called Phoenix FCE Capital Limited, they are suppose to be a private investor/Angel Investors. I got an email from them saying they can help me with 100% Financing, which sounded...
Hello,
I've spent some time reading these forums and more than once I've heard of middle or upper middle class real estate investors amassing large amounts of wealth, $5-10M net worth, over periods of 10 or...
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Would one have to evict a seller who won't leave on the day it closes escrow (as the contract states) or is there a simpler legal method? This is question pertains to sellers in a short sale transaction who have no mo...
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Hello BiggerPockets community!I recently received a quote to paint the entire interior of my recently purchased home. The home is 1500 sq ft, 3 bedrooms, 2 bathrooms, and was built in 1979 with a wood frame. The quote...