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I'm hoping I can get some good recommendations on a property management company in Naples FL. I have a friend that recently purchased a townhouse in the area and would like tenant placement and management for the pro...
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If the bank states that they do not allow their mortgages to be assumed, is there any room to negotiate by offering them a one-time upfront payment or offering to have the loan interest rate to adjust up slightly?
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I am living in a condo that I purchased a year ago with an FHA loan. One of my marketing strategies is offering a "nothing down" purchase. Because the FHA loan is assumable I am offering seller financing to cover the ...
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I just found myself in an interesting situation. I made an offer on a portfolio of 4 Duplexes. I offered $190,000 and after a series of correspondences with the realtor, was told the seller owes about $205,000 and for...
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Hi All! I wanted to know your opinions on how you view ROI.
For example, if I'm creating a website and it costs $8,000 for example. My thinking is that if I just sell $8000 of products on there, I'll recoup the cost ...
My renter for my property in AZ wants to rent/lease to own my property. Is there a way to do this easily? She does not have great credit, hence the rent to own. It is a newer property and the only way it makes sense f...
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Hi Guys,How do underwriters calculate a HELOC on the DTI calculation during a 10-yr draw period?1) Do they include the actual Interest-Only payment reported on the Credit Report?2) Or do they term out/fully amortize t...
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Hi all,
What is the accepted approach with respect to underwriting to forecast a refinance on a multi family property. What interest rate should be assumed and on what basis.
Thanks!
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Hello.
I’m planning to spend $400k in cost to turn a building I purchased into a nice conforming 6 unit apartment complex, with standard looking layouts and individual water meters, sprinkler system, ect. I project ...
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Hi, all great people. I just came across BiggerPockets and it's full of great content and resources. I recently bought a duplex in Cleveland and am looking for a property manager.