Michael Chilcott
Home Apprasial for HELOC
I am trying to get a HELOC with a local bank. They gave me an offer 22k heloc with an automatic home appraisal of 112k of the house. I am fairly confident the house will appraise higher with a local appraiser my guess...
Ed Banfield
Odd request from landlord
Looking for an apartment in MD for my daughter, we decided on one on September 30, we did not need it until November 1. Real estate company sent forms to fill out for credit reference and all that, took a few days, c...
Wendy Oliver
BRRRR on short sale that doesn't need work?
Hi, we are considering buying a short sale that would be ~60k under market value with conventional financing (20% down, 30 year loan). The property is in great shape so we wouldn't need to put anymore money in to it....
Andresa Guidelli
W9 form
Hi everyone,For those of you that are full time real estate investors that hire GC's for your rehab projects, are having your contractor complete a W9 and issuing them a 1099's?I have had mixed answers and wanted to h...
Jordan Slater
Sell @ $15,000 loss or rent it?
4 months ago I purchased a $195,000 new construction home. I put approx. $40,000 down. I have now taken a opportunity to live rent and expense free at an apartment complex as a Courtesy Police Officer. I am interes...
Timothy Lon
Pittsburgh: Looking for either MFR Househack or SFR
Hello All,So I'm looking for some personal opinion, preferences, and insight.I'm beginning the search for my second property (first closes on 7/8 hopefully) and I would like to either use the FHA and 3.5% down route t...
Jennifer A.
Court confirmed today!!
My husband and I bid on a foreclosure last month and it was confirmed with no problems today. So, I have 10 days to make the payment and it is all ours!! This is only the second foreclosure we've bought and it isn't...
Eddie Ziv
Is Capitalism on a self-destruction track?
It seems to me that the old principle of fair exchange of products and services for money is all but gone. It became a feast of greed where the name of the game is "I am smarter than you and therefore, I can screw you...
Johan Hultman
Section 8 rent increase - only after new one year contract
Hey BP,Background:I bought a property a few months ago in Indianapolis. The property has a section 8 tentant with a contract ending this summer. The tenant is a lady who has lived in the property for 25+ years, happy ...
Adam Lendi
Questionnaire for Syndicate Investors
If you were interviewing investors for your syndication deal, what would your top questions be to ensure they are a good fit? if you would consider unaccredited, sophisticated investors, what would be your top questio...