Hi - I am in the middle of closing a commercial property. The broker that I used initially quoted an appraisal of 650, which I paid. A few days later the broker said the mortgage company is asking for 2500. I am a lit...
Writing for some clarification on how the 1031 actually works — plan to use it for the first time in the coming weeks. Let’s say I’m selling a property for $200k, with roughly half as proceeds and the other half going...
How do you know if there are too many rentals in your area?
Hello, I was wondering what’s a good amount of money to have on hand to use as a down payment to start my investing journey. I can’t house hack and am looking towards SFR, either a brrrr or turnkey. Depending on how m...
So Im a new landlord and I’m generating a brand new lease agreement but have no idea what “Hold Over Amount” means in the contract? Could someone please explain. Thanks!
Property Insurance on a duplexLet me get to the point:I've been focused on getting this deal closed and did so yesterday. Two duplexes purchased for total price of $200,000. ($100k each in one deal)I am going to do s...
looked at a home that requires a lot of work. maybe around 25k worth of work.
the current asking price is 69k, but it's been 69 for over a year.
it would be a steal to get it for around 42, but my mortgage guy said...
Hello,I am about to place an offer on a Short Sale that needs a lot of work (butterflies in my stomach) I obtained bids to get the work done and my realtor will submit them with the offer. There have been several low ...
Hello BP community,
Any advice regarding amount to ask for pet deposit?
SFH, $1350/mo, tenant will have 2 cats, we will keep one month's rent as security.
let's assume credit/background/refs are good.
Appreciate...
How much should you give a seller for "Option Consideration"? Some legal sources state that it takes only $1.Some guru's say you don't need any money and some say they give the seller $100.What do you give the seller ...