Andrea Flores
Common down payments on an investment property
I was wondering what the normal percent down would be on a triplex purchased as an investment property. My loan officer right now is saying 30% down because it is three units. However I have never heard this, I always...
Satha Palani
Winterized REO inspection
Hi,My offer on a REO duplex just got accepted. I have 10 days to inspect and decide if i want to proceed. The house is currently winterized and the contract states that i am responsible for re-winterizing if I de-wint...
Lance Travis
Fort Wayne ARV and Rental Market Values
Good evening All! I have a couple questions about the local Fort Wayne ARV and rent markets. First, what is the average ARV on SFH's that are 3 bed, 2 bath and 3/1 with 1100-1800 sq ft? I realize there will be a ra...
Kenneth Hayes
Monthly Cash Flow Question for existing Self Storage Owner
I have a question, we just tour a deal today and we are about to execute PSA next week!!! Quick question for you guys. What are typical cash flows per unit most investors see monthly that you pay yourself monthly? Is...
Jack Perfett
Oil Run Furnace Operation Costs
Hello BP! I have recently purchased a property in PA that has an oil run furnace. I am trying to get an accurate understanding of how much this system is going to cost to run. From my research I am finding wildly diff...
George Leverett
prop management fees ...normal?
Hi all! I'm a newbie investor getting ready to close escrow on my first house and am shopping for a property manager (Indiana). I've communicated with one company so far and the fees are 8%/month, but also 75% of the ...
Parish Simmons
Subject to
How to find subject to and seller finance deals? How do they typically workout and cash flow?
Ben Startz
Relocating a Utility Service Feed?
Analyzing a potential deal, where the electrical service utility (including the breaker box and meter) has been enclosed, and it's actually in the house! (I know... kinda weird).
Anyone ever move the service...
Casey Walker
Fixed for 5 years than ARM
Refinancing a commercial property and the bank is saying because it is zoned commercial and has a large garage in addition to the duplex that I have to use a commercial loan. 5 years fixed at 4% then adjustable to t...
Mindy Jensen
Can you request tenant screening information from seller?
When you are making an offer on an occupied property, can you request the tenant screening information from the seller? (Yes, assuming they actually screened the tenants.) I've never purchased with tenants in place, a...