Carol Venolia
Does a multifamily property need different appraisal than a house
I want to get an appraisal for a 3-unit residential rental property I own. Some folks tell me that requires a Commercial appraiser, some say Residential. My guess is that it's like realtors: If you're an investor, you...
Ryan Dossey
What are the requirements to be able to leave a reference for someone?
I have done work with several guys here on BP. I have also met up with several in person. I would like to be able to leave a reference for these folks as a way of thanking them and encouraging others to reach out to t...
Evan O'Brien
10% Downpayment Vacation Home Loan
When purchasing a property with a 10% down payment vacation home loan with intentions to use as a short term rental is not being able to use the property as a rental for 12 months a typical requirement of a 10% down h...
Chris Mason
Coronavirus Mortgage Meltdown Articles
This is probably the best article I've seen so far on what is going on in the mortgage marketplace.
The Coronavirus Meltdown
The current Coronavirus crisis is having a critical impact on the Mortgage Industry, whic...
Dorraine S.
Tenant's Ratio of Rent to Income?
What should the percentage of the tenant's rent be to their income? Not sure if I even know how to ask the question properly. Sorry. I want to make sure the tenant can afford the rent. Should the tenant's rent be ...
John Franczyk
Chase Bank Home Value Estimator
Has anyone ever used or relied upon the Chase Bank home value estimator on the bank's website (www.chase.com/mortgage/mortgage-resources/home-value-estimator)? I was recently looking at a single family home on the sou...
Dan Cotter
Hi from Atlanta
Hi everybody,I just found the podcast on Itunes, and I'm hooked. What a great resource!I'm an acquisitions analyst at a real estate development company, recently out of school with a masters in urban planning and deve...
JD Causse
BRRRR cashout refi for LLC
I have several of my properties in an LLC for asset protection but I have had a really hard time finding financing companies willing to offer cash out refi to implement my BRRRR... because my properties are held in a ...
Asim G.
Advice on changing layout. Photo and sketch included in post.
Hi,I am considering to purchase an SFR as a buy and hold property. The property has an extra room that was added legally, and I want to change the layout of this portion to make it a better value add for myself and an...
Account Closed
Who are a hotels main guests besides tourists?
Obviously, tourists make up a large portion of a hotels guests. What else is there?Laborers? What else?