Thuy Pham-Satrappe
How does "make money when you buy" apply in duplex investing?
I'm having a really hard time establishing FMV/ARV when I look at duplexes because good comps seem so difficult to come by. (They're either a long time ago, far away, not comparable size/year/amenities) etc.I run the ...
Joe S.
How does Fannie Mae Deed Restrictions apply to contract for deed?
Need some advice.....i just made a cash purchase of a fannie mae reo....now can i sell it on a contract for deed if i am still within the 90 day fannie mae deed restriction period? Just wondering if I could insert so...
Bill Vaughan
Does 50% rule apply in Texas with the High Property Taxes?
Texas Investors, I have a question. On your rental property, is the 50% rule accurate?
Celia Moore
State of Oregon figures out how to apply landmark Housing Law
As Oregon prepares to implement a new law intended to spur the development of duplexes and small apartment buildings in cities like Salem, a disagreement has arisen over how much control local governments should have ...
Maggie Thompson
Purchasing 2nd home, apply for heloc or use cash for downpayment
I am a newbie with BP, so apologies in advance for my questions. I've searched around, but need some guidance for my specific situation. Scenario: Looking to buy a primary residence house $360-380K. Rent out a room to...
Ryan Birge
Will a $0 Balance HELOC be considered when applying for Mortgage?
I have a second home that is paid-in-full. I have a HELOC for $250,000, with a $0 balance. I am considering applying for a loan for a new purchase (30Year, Primary residence) in the amount of $450-650k. Will the HELOC...
Anne Taylor
Tenant Applies Online, Offers $ Down & Takes Month To Drive-By
I placed my rental ad on the Zillow / Trulia / HotPads portal and received many generic requests to tour the unit or provide additional information. The ad clearly states that the unit is not available for interior vi...
George Maka
Do the general "rule of thumbs" apply to orange county, ca?
As a new investor, I am trying to learn as much as I can and trying to catch up on the lingo for real estate investing. As I go through the beginner guide on this site, I came across the "rule of thumb" and I cannot u...
Matthew Metros
50% Rule: Does this apply to Small MF (2-4 Units)
I am underwriting a deal and the marketing package has unrealistically low expenses. As a rule of thumb, I applied the 50% rule to meet reasonable
I was told by another investor that small MF doesn’t have 50% expens...
Bruce P.
Re-applying for the lower interest rate after cancelling a refi?
Hi, my friend recently applied for a refinance for their single family home in California (primary residential mortgage). They were approved and now during the 3 day waiting period after closing documents were signed...