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Banks using home path to sell homes over maket value?
I tried to buy a home for 109K and was informed I had to wait two weeks because I am an investor so I did and now they tell me someone is going through the home path loan for 150K! This property looks to be worth a ...
Lou Ruggieri
Good Contractor In Central New Jersey?
I have a two family in New Brunswick NJ, and am currently searching for another multi. I need a decent contractor for all kinds of work and can't seem to find one that is both available, and reasonably priced. Any s...
Horacio Gutierrez
Home Price with seller finance
Hello If your the buyer and want to do seller finance with a seller and with the financial calculator you figure out a good payment, however you give more than the market asking home Price. For example with the comps ...
Jodi Marsh
Rehabs cost prohibitive or cant find anyone to do the work?
I purchased a small house and dont need a ton done but I'm finding every contractor and even handyman I get to come out are giving g me estimates that are just a joke-even considering the cost increases of materials. ...
Dan Kennerson
Questions about Section 42 Existing apartments for sale
Hey BP!I'm looking at an apartment building in a decent area (B/C class but well maintained, clean, and friendly small-ish town) and I'm trying to find the catch. I found this BP post which led me to this document, wh...
Rafael Ro
Big Bear City/Lake STR Thoughts?
Hello all,I am very strongly considering a buying a house in Big Bear to use as a STR for part of the year and for some personal use too. I've been hearing that the market is getting (or already is) saturated, the pri...
Barrett Boone
Hot water heater replacement estimate
I just got a quote to replace my hot water heater for $2,450. Is this a reasonable price. It seems high to me. the hot water heater is working fine, but it was made in 1994 and My current tenant is moving so I want to...
Volkmar guido Hable
Real estate prices and rising interest rates.
have always enjoyed challenging widely held beliefs, probably because so many of them fall apart upon closer examination. Most recently, my contrarian radar started going off in the summer as talk of a Canadian housi...
Joni F.
Owner Occupied Duplex
Any advice would be appreciated.I've been searing for multi-units in the Dallas area, and i found one that may be worth going after. This will be my first ever purchase, i'm a little nervous, so i'm looking for feedba...
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Cap Rate Calculation Question
Ive come across a property in my city that is currently mixed use ( one office and 3 luxury apartments) listed at 399,900. Current Data are:
NOI using previous tax assessments is 37,000 per year
Annual Rents are 43,2...