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I am in the middle of a cash out refinance and was told my rate would be locked. However, the final closing cost is 4k above the initial quote. The rate did get locked but the origination fee went up 2k from the initi...
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I've owned a quadplex for almost 2 years, land-lorded by a property manager since Day 1. I've had one of the units vacant the entire length of my ownership - the initial vacancy was filled, then a troublesome tenant m...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $296,000
Cash invested: $20,000
Two homes on one lot! Front home sits on a corner lot at 1235 sqft, has 2 be...
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When completing a 'fair market valuation' for your self directed IRA, who are you using as the independent valuator? I don't want to get an appraisal for a property I just bought. Actually, I just don't want to pay fo...
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Is there an additional incentive, ie a reduced MPP for cash buyers vs. buyers using financing for deals? I am working on a wholesale deal right now and am considering offering a lower price for a property because I h...
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I just stumbled upon this house in Austin (B+ neighborhood). I was going through the price history and it looks like the owner tried to rent out the property between November and January, lowering the price each month...
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Hi BP! I have an opportunity to purchase a Tri plex in a really good neighborhood/nicer part of town. This Tri was built in 1946 and it is surrounded by new developments. My question is, does that pose a risk for me ...
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Hello! How do I go about using the projected rent amounts from other units of a multifamily property to qualify me for a higher FHA amount? Some brokers are saying I cannot do that, but I know I’m able to. Do I just n...
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How is the current real estate market in Philadelphia? Are home prices trending up or down, and is it a good time to buy or invest? Also, how competitive is the market for first-time homebuyers and investors right now...
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Hello all,
I would like to share my experience and results for bidding tax liens auctions in Coconino, AZ. Thanks to @Jerry K. 's help along the process.
I register at Realauction.com and get familia...