John Christodoulakis
Negotiation help or suggestions
Hi everyone, I am in a little bit of a creative block for lack of a better word. I am in the process of negotiating on a investment building that needs some work and the owner knows it. The problem is that he is prett...
Steve S.
Debt to income ratio on unsecured line of credit?
I've talked to several local banks and they all seem to be around 40%. For round numbers, can if I make $100,000 / year, what would I expect them to be comfortable with as far as extending me an unsecured line of cred...
Chad Keilen
Seller asking to much for house that smells like dog crap!
Hello all, I am a real estate investor licensed real estate agent listing my first property for someone else. The seller bought the property sight unseen only 1 month ago and is already trying to sell for what he pai...
Doug Smith
Interest Rates and the Middle East
I know that for some of you this will be elementary, but many on BP are not in finance. If you would have asked me a week ago (after hearing Chairman Powell's most recent comments) I would have bet that rates would co...
N/A N/A
Time Between Foreclosure and Sale
Last January I was looking at a house I wanted to buy. The owner & I couldn't agree on a price and I quickly forgot about it. Then, a few months later while scrolling through some county records, I noticed that HU...
Frank Mongiello
How to be a cash buyer without cash
In my market(Jupiter, North Palm, West Palm, Hobe Sound, Juno),
like many markets, it seems like every listing is getting a cash deal. Beating cash can be tough especially if the seller is a little stubborn and doe...
Account Closed
Dealing with FHA loans- hoops, tips and tricks
I have had lenders tell me that the 203k is a real pain in the tush and have given me all sorts of warnings...you know what that tells me? That is not the lender that I need to work with. I have on the other hand he...
John Matarazzo
How to remove roach food/poisin stains?
I bought a place about a year ago. When inherited tenant moved out I had a lot of work to do. It looks like there was some roach problem (not currently thankfully) and looks like they threw roach poison/food all over ...
Xaviar Steavenson
Looking for a florida based CPA
Hey ya'll,I just moved from Texas to Florida this year, and I'm looking for a new CPA to help me handle the books. I've done this myself for a while, and frankly, I'm starting to get out of my depth (if I wasn't alrea...
Elijah H.
Seller financing- how to make deals work
Hello BiggerPockets!My wife and I ran numbers on an interesting seller financing deal for two separate multi-family properties being sold together, for a total of 8 units.The properties are in an area with low rents, ...