Damien McDonald
Construction loan appraisal - cost approach most appropriate?
Hi guys, when obtaining a construction loan from a portfolio lender for new construction on an empty lot, I would think the cost approach to value would be the most appropriate for the appraisal. I was given an apprai...
Robert Ring
ADU Times 2! How I’m turning an SFR into a Tri-Plex. Legally.
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $540,000
Cash invested: $250,000
This is a unique property that has a street on both the front and back of the lot....
Lathan Cram
Vacancy
With multi-unit property is vacancy a common thing? How much in reserve funds do you all keep stashed away to cover the expenses when a unit(s) is vacant? Also, is it a common thing to not be able to find a tenant for...
Angela DeBorja
Moving an LLC from NV to MD
Hello I am a MD resident. As part of a weekend seminar we attended last year, I have an LLC set up in NV and I have it registered as a foreign entity in MD. We have invested inone vacant residential lot in South Carol...
Pete Milenkovich
Reno costs on a fully gutted 3/1?
I’m looking at a deal today I’m hopeful I can wholesale. It’s a 2BR/1BA just under 1100 sqft but can be easily converted to a 3/1. It’s currently gutted to the studs and needs all new mechanicals. I’m not sure how to ...
Izavion Joanes
Finding Lender for First Flip
First of all, HELLO! This is my first post. AND ANY ADVICE WILL DO! I have been trying to get into real estate for years now. I’ve read books, watched shows, and attended seminars. At this point, I’m ready to get star...
Scott Rodriguez
Horrible remodel experience
So we made the mistake of hiring a contractor without doing the research or coming on here now we’re in a bind. We’ve spent a lot of money on this guy who we don’t believe is licensed and he hasn’t got much done in t...
Anthony DelVecchio
Townhouse hacking- house hacking
Thoughts on house hacking with a townhouse? I saw a decent looking one that had an HOA cost. What is an HOA? I heard they were a pain in the ass to deal with
Account Closed
Buying Property with a Partner
Hello,Due to the fact of being a bartender for the last several years, and having student loans, my debt to income ratio is quite screwed up, making it near impossible to get a mortgage. For this reason, I'm buying a ...
Michael Kehoe
Ocala, Florida
Hello - First time poster. I own several SFH rentals in Citrus County with an my investor partner but we are looking to branch out into multi-family properties in the Ocala area. Ideally we are looking for between 2-...