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We just purchased a two door rental which is currently occupied/rented. The error on our part is that we didn’t double check the numbers and it seems the bank didn’t double check the numbers. The realtor we used didn’...
FHA loans used to have an appraisal that stuck to the property - meaning you could not get a different appraisal - for 6 months. That timeframe is now down to 4 months for FHA.I can only find VA Loan appraisal info th...
Hello BP folks! My wife and I were just told abt a property that has come on the market. Love to get your thoughts. It is a 3/1 with a 1/1 ADU . The 3/1 is fully rented for $2900, with a lease just signed and the ...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $125,000
Cash invested: $86,900
Sale price: $265,000
Brick split ranch with finished basement. Full remodel.
...
Some buyers are making deals work in today’s market because they are buying properties not reflecting the NOI accurately. If you buy C vintage properties, be careful if operating expenses are less than 45% NOI. Realis...
Hey all,My partners and I are working through our first offer currently and two options we have through a conventional mortage are 15% or 20% down.I realize that the decision will most likely be a subjective one, but ...
Hello everyone, my team and I are investors and my main job is comping property. I recently ran the numbers on a property and came out as a good deal. However when I double checked everything before sending a contract...
Hey all,
I'm a newbie here and new to real estate. I've done some research myself but just want to double check that I am on the right track of thinking or if there's something that I might have missed. My girlfrien...
Good afternoon fam!I currently have a condo under contract in Orlando. The plan is to list it on Airbnb. Any ideas on reputable vacation home management company in Orlando FL? Thank you so much!!