Scott Szurek
appraisal lawsuit...anyone have experience?
I recently had my house appraised to remove PMI. The appraised value came way under actual market value. The report included various errors, absolutely terrible selected comps, and overall just showed terrible local...
Sean Welch
Comparing Prices and Rent
what's the best way to find out similar home purchase prices and rents AFTER the house is in good condition for a house you are looking to invest in? I understand to compare with other homes in the area, but which sit...
Jonathan Dawkins
First Time Investor Questions?
Good Afternoon BP, First of all thank you for all of the knowledge and information you guys post. With that being said, I am buying my first property in Baltimore, MD. I lived there for two years but due to work i am ...
Xingcai Wu
Need second opinion on deal ananlysis
Hi BP,My name is Wu. New to BP and signed up for Pro membership couple months ago when I decide to buy my first property to house hack.I have gotten a four unit property built in 1902 under contract. It is two-duplexe...
Darryl Hunter
Funding Options to Rehab an Inherited Home (No Mortgage)
I am looking for the best option to rehab a home I recently inherited to turn it into rental property. The home is completely paid off but in terrible condition and will need to be completely renovated. It was appra...
Brandon Cox
Should I sell my rentals?
I have two rental units side by side in a college town - Georgia Southern. They are 4 bedroom, 4 bath, and they share the common spaces. They met the 1% rule when I bought them and I couldn’t find much at the time tha...
Andrew Gomez
New Construction Fourplex Deal Analyzation
Hello,
I am wondering if I have the correct mindset when it comes to this new build property in San Antonio Texas.
I am planning to buy my first investment property which is a Fourplex in Windcrest Texas just insi...
Josh Gregory
Cash Out Refinance an Investment Property - Rates?
The details:I have a single family with long term renters. Lots of equity. Current mortgage is about $120K. Home value is somewhere in the $280k range.I'm going to start talking to local banks, but I wondered if an...
Harry Aiken
Help me understand. 100k scenario.
Condo: 100k. With a 20% downpayment of 20k. Ill have a loan for 80k. Closing cost of $3000Cash invested: $23,000Rent: $1500/mo or $18,000 yearMortgage $500/mo. Or $6000/year.Vacancy rate at 5%. $900/year. HOA fees are...
Sally Fairchild
Paying off a Mortage Question
Ok I'm being told that paying off a mortgage with a low interest is not a sound business move. I accept/believe the concept but I don't understand the concept. If I have a loan at 3% and current mortgages are 5%. ...