Katelyn Bowen
Real estate agent lied
I recently sold my house. I put it on the market for 345,000, the seller's agent came back and said it appraised for 340,000 based on square footage was off. I called the appraiser and asked how he obtained square foo...
Tony Pellettieri
Our 3rd Investment Property - Which Exit strategy?
We have our 3rd Property under contract and plan to close in a week. The house is in a high appreciation area. Trying to figure out what the best exit strategy is. We are open to suggestions for different strategies t...
Doobie Sims
Delayed Financing - Cash Purchase with Gift Fund
I am closing on a BRRRR property that I have purchased all cash and plan on doing renovations using $75,000 in HELOC, $40,000 in gift fund, and $30,000 personal cash. This will be my second investment property, and my...
Johnny McKeon
Quoted over 8% interest rate for owner-occupied fannie mae 5% down 4plex
Hey BiggerPockets family,I was just approved for an owner occupant, Fannie Mae, 5% down with a purchase price of $1.3 million for a 4plex in the Phoenix Metro of ArizonaMy middle FICO credit score is 759My current DT...
Fendy Jn pierre
Help making sense of estimate
Hello, A few months ago I wrote about how I was done procrastinating and ready to get in the game. Since then I have been viewing properties and today I saw one that I thing the numbers might make sense and I am ready...
Sergio B.
My first REO deal--> 2 issues , and how to ask the bank for a lower price.
I am two weeks away from closing.... We have an executed contract and waiting to hear from the bank....the people leaving at the whose had been evicted ( by the bank) last week.
I was able to see better the property ...
Scott Trench
Bold Prediction: The Fed WILL Do a 25+ BPS Cut... But RE Borrowing Rates Will Rise
Ready for some nerdery?
I believe that the Federal Reserve is going to cut rates by 25-50 bps at it's September meeting (no emergency cut), but that 30-year fixed rate mortgage rates will rise to upper 6s low 7s aro...
Mike Mollica
Portfolio Lender needed to close on new construction n Sacramento
I'm close to closing on a new construction home in Sacramento but just found out that because my most recent job is 1099, my lender has instructed me that I will need a portfolio lender as I'm considered 'self-employe...
Ian Whiteman
FHA Loan Interest Rate Seems High
Im in the process of securing a 30 fixed rate FHA loan on a duplex. Credit score on my personal Experian site shows as 818. The lender says it is 771. Not sure why there is a discrepancy. Today I received the loan doc...
Justin Wilson
Moving an LLC from MA to OH
Hello,i currently have an LLC based in Massachusetts with property in Ohio. I would like to move the LLC to Ohio to lower the tax burden. I called both Secretaries of State and found out I would have to register wit...