David D.
Hard Money Loan Amount Formula
As a hard money lender wannabe I'm trying to figure out what formula to use in determining loan amount.
I'm thinking: the lessor of 65% ARV or 80% of purchase price. Is this too restrictive? Should it be 65% ARV on...
Joanne Basecki
Need advise ref. plans for a rehub / preparation to apply for a HML
Considering the plan below what are my chances (or anyone else's in similar situation) to obtain the 70K HML. Thank you in advance for a possible input/advise.
I got an accepted offer to purchase a 4-unit bldg in Hum...
Tim Loughrist
Hidden Problems
I'm looking at a property that seems to be well under market value. There are a number of problems with it, the largest being a roof that needs to be replaced, but none of the problems account for how far under market...
Nick Causa
Discrepency between Tax Card and Title
Any one ever have this issue before? My wife and i are buying a triplex and the title of the property lists it as a 2 family and the tax card lists it as a 3. There are three separate living quarters in the building ...
Ryan Cormier
Basement Studio Apartment?
I am buying a 3 unit house with a basement (4th unit) that was built but not permitted. I am new to bigger pockets and real estate and am hoping someone may be able to give me a bulletpoint step list of how to go abou...
Christie Gahan
Need to Save on Water Bill
I'm running numbers on a four plex. The water bill seems high. What can you do to save water / money? What is the process of getting seperate meters for each unit? Are there other ways to split the bill ?
Joshua Feit
Atlanta Watershed -- HELP!
What's up BP -- if you are in Atlanta, I need HELP!!!Atlanta Watershed is NUTS. I have two properties in the city limits, and both are having massive water problems. Every month the bills are huge, even though we have...
Maxim Khanin
Obligation to test for mold - no evidence?
I have been renting out the top floor of a condo for 6 years now (different tenants over the years). Had a new tenant move in 5 months ago. This is in Virginia.
Today I get an email from her telling me that she's bee...
Vee Vu
URGENT!!! Need help for After the fact permit
Hi everyone, I have a friend buying a SFR in Gardena, CA (not for investment), includes:First unit: 3 beds, 1 bath, 1 living roomBack unit: 1 bed, 1 bath, 1 living roomAfter inspection, she asked the seller to replace...
Chris Hansson
Stockton Multifamily Investing Advice
Hello all! First time poster but long time reader.
Me and my partner are interested in Stockton for MF investments. We have never invested in this market before and wanted to get some local knowledge and advice!
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