I've just sold a house in Pennsylvania and offered a seller assist of 3%. At closing, I was informed that the buyer's lender has a 2% seller assist limit. So the house sold for the original agreed upon price, however,...
What a week! Big news in the real estate game. Lots of big changes and challenges to be navigated but I'll keep this short and sweet to focus on the real world effects of the NAR Commission Lawsuit Settlement for inve...
So my principle residence sits on 4 acres and I have someone interested in exchanging some of my unused portion (1-1.5 acres) for a rental property. My home and land is still under a mortgage and therefore, I have to ...
Hello everyone,
I’ve decided to start investing in Rochester, New York. Although I’m a foreign resident, I am a US citizen. My primary focus is on fix and flip transactions, but I’m also open to buy and hold strategi...
I’m in the process of looking for a rental property in Oklahoma, and the lender I’m working with has a set price for the closing cost of my transaction. It doesn’t matter if the property cost $120,000 or $80,000. I ha...
I think it was JScott who only sells his rehabs to those who qualified for conventional financing and not FHA. It was my understanding that he did/does this to avoid FHA's 3 month seasoning.
I could've misund...
Does anyone have a general cap rate map for the Puget Sound area? I know a lot goes into cap rates and it can vary within each geography but I am curious if there is such a thing out there?Paul
Hello! Thanks to you guys I just purchased a rental property in Minnesota! It's a SFR bought for 60k cash. It appraised for 90k. My questions are: 1 - What are my options to get the money out to do the BURRRR method?...
Hi everyone,I'm hoping to purchase my first investment property next year, specifically a multi-family home. I've been looking in different areas of the country. Sometimes the properties have existing tenants. I'm int...
As a real estate investor, one of the main reasons why I've been reluctant to sell is the 5% selling commission fee. When the internet has compressed commissions everywhere, it's amazing people are still willing to pa...