Eric Auslander
Refinance Borrower Poor Appraisal Rant
TLDR - The Appraiser blew up my refinance and valued my house at $385K (currently have $405K of loan balance). I purchased the house for $426K 16 months ago and was recently appraised for $433K 9 months ago.
Super fr...
Patricia Andriolo-Bull
Stessa - 179 deductions
Hi. I searched the Stessa forums and couldn't find an appropriate answer so thought I'd try here. I use Stessa for my STR accounting and am pretty happy with it overall for what it is and the value I get. One thing...
Jonathan Sanchez
Pricing Strategy - What is your approach?
What kinds of tools/resources does everyone use for pricing? Is there a specific pricing strategy that you follow or do you look at your comps and adjust accordingly? How do you go about seasonality and what benchmark...
Habbak Burs
If the housing market drops .... strategy
In general there is a lot of speculation that the housing market prices are going to drop.... at least in California, it does feel that way I see home sales slowing down, prices haven’t really dropped a lot but it def...
India Estes
Power of Attorney
Hi, I'm working on my first wholesale deal and I would like to know if your wholesaling a property to another investor in the same state as the property, do you still have to use a power of attorney? Even if I'm going...
Tyler Brown
Commercial Loan Terms for Multifamily Property
Hi BP,We're currently under contract on our first investment property (16 unit in Missouri). We have been shopping around with the local lenders and were approved for one commercial loan with the following terms: 25% ...
Cody Evans
Value Added By Big Lot?
Hi BP,I have a property that is 1100 sqft. I am having trouble figuring out ARV because it has a lot size of 10k square feet. It has a barn in the back and build in the 1940s. Any advice on calculating how much I shou...
Christopher Perez
Real Estate & Lending Go Hand and Hand..same language not so much
Terms in CRE lending that everyone should know...Adjustable Rate Mortgage: Mortgage where the interest rate adjusts periodically up or down through a set index. Also called a floating rate mortgage.Adjusted Gross Inco...
Vlad Maslov
Cash out or HELOC on rental property?
Hi everyone! What a great community! I am a first time poster newbie real estate investor form Delaware. We have one small 2 bed 1 bath rental house that used to be our primary residence, but now we are renting it out...
Johnny Weekend
Property Taxes in Cleveland
HiWhat has everyone experience been in regards to property taxes in Cleveland. I saw James Wise quote the current taxes however if the property sells for a new higher price won't the property taxes be based on the new...