Peter Lysiak
Loan on a home between 500-600 square feet
Has anyone put a mortgage on a home that's between 500-600 square feet? If so, can you provide a recommendation?
It's an SFR in South Carolina and I've got it UA off-market. Numbers are great with a lot of value-ad...
Account Closed
written or verbal offer
Does a verbal offer carry the same weight that a written offer does? Is it seen the same way?
I wanted to put an offer on a house today, and the agent said she'd like to make it a verbal offer. I asked her that questi...
Demetrus Gibson
Yellow Letter and MLS
BP
Im thinking about writing yellow letters to "cheap" properties on the MLs.
My analysis is that these property are on the market forever and very overpriced?
Can you guys comment on this.
Steven Pool
Rental Investment w/long time tenant w/rent 200+ below market
Hello everyone,I'm looking into purchasing my second REI but first SFR. List price is for ~$60k its a 2 bed 1.5 bath near the local university and community college. The tenant has been there for several years and the...
Chad Duval
RUBS - New Hampshire
Hey New Hampshire investors - Anyone successfully implement RUBS in New Hampshire? I'd like to use a third party (not my PM software) to manage calculating and billing, like a company similar to NWP, but local and doe...
Kelly Douglas
Eminent domain - Fair compensation?
This is a legitimate case of condemnation for public use.
Here is the deal. An eminent domain move by the village will reduce our site by approximately 10%. We need to determine the fair market value of the land ...
Demiss Shippley
House Hacking in NYC
Hey everyone, I live in Brooklyn, NY and I am looking to house hack. I was wondering if anyone can give me some information/guidance if getting into house hack in NYC (expensive market) is doable or what kind of asset...
Snehann Kapnadak
Modeling Prepayment Penalties in Excel?
Hi All
Hope you're staying healthy and safe. Was wondering if anyone knew how to model out the prepayment penalties lenders have on MF properties? Yield Maintenance and Stepdown. The spreadsheet I'm using doesn't tak...
Sam Leon
Trying to understand lending when property appraised below contract price
I have a situation where the property I have listed appraised below contract price.This is a condo unit in south Florida with an HOA.As an example, the contract price is 250k, there is an adjacent condo that recently ...
Austin Rose
Am I Crazy? (A Path to Financial Freedom)
The other day I sat down, and in about 30-45 minutes I had whipped up this plan. I was simply conjuring a hypothetical as I tried to close the gap between year 1 and year 10, but it's gotten me really excited about th...