Dustin Faeth
Should I be present during the appraisal?
Hello BP,
I have heard some investors mention they try to be present when the appraiser shows up at a home they have recently rehabbed and are selling, to make good with the appraiser and discuss all the impr...
Kiyana Hancock
Fannie Mae 5% Down Multifamily Loan for out of state purchase
Greetings from Los Angeles, CA!
I’ll be brief. I am extremely outpriced in my market, and I am a first time home buyer. I am looking to purchase a multifamily out of state. Most likely Indiana. I am pursuing Fannie M...
Justin Goodin
👋What is Considered a Good Multifamily Cap Rate?
What is Considered a Good Multifamily Cap Rate?The short answer is it depends!There’s no universal standard since it relies on two main variables–your investing objectives and current market conditions.Some key factor...
Evelio Lora
New to real estate, from Central Florida
Hello, my name is Evelio, I am a teacher here in Central Florida. I'm new to real estate investing and I'm looking forward to learning as much as I can as I work towards my first deal. I first read Rich Dad, Poor Dad ...
Tamyia Davis
1st Land Flip Question
I am contracting with a seller and am trying to understand my options on the close for my first land deal. I am considering a buy and hold or a flip. If I buy and hold it would be considerably less than if I flip it...
Isaac Hayes
Influencing the Appraisal Price
On my first deal in Columbus, Ohio, the appraisal came back at the exact purchase price. My understanding is that the lenders usually want the appraisal to come back at exactly the purchase price so buyers aren't allo...
Andrew Beauchemin
New Member - DC Metro
Hi BiggerPockets world!New member living in the DC metro. I'm currently a full time property manager for a large commercial investing company, looking to begin my personal investing career part time. I'm interested ...
Joshua Maestas
Are improvements calculated in cap rate if it's tied to the loan?
Hello everyone, I'm trying to do a detailed analysis on a Multi family property we own. Specifically I am looking to calculate the cap rate accurately. I understand that NOI/purchase price=Cap rate but my question is ...
Neal Burgess
Straight talk about investing in California
I am a contractor in SoCal and a newbie to BP. I am excited abou
Leigh S.
Can a bank pull my credit report without notifying me?
My LLC has a small investment loan for a multi-family property through a local credit union. Last week, I was notified through a credit monitoring service that the lender pulled my personal credit report. I asked the ...