Dean Hamilton
Appraisals - What do I need to know, focus on, and Accuracy
Hi BP Community! I am new to REI and RE in general. In fact I'm pretty new to BP as well and this is my first "official" post. Anyway, I have a question on appraisals. I have a friend who just bought a home and so...
Dillan Ruthenberg
Is there a bottleneck in appraisals for brrr/helix
Hi Everyone,
I have my 2nd property closed and set to take possession Jan 18th.
It is a Triplex purchased for 222,500 (good price for my area). The building is stucco and could use a bit of updating to increase ren...
Rod Jones
Forced Appreciation/Equity
Can I add value to a SFR rental the same as MFH using its NOI, ROI, and etc...or rather have an appraiser/bank use income valuing (hope im saying this correctly) to come up with a higher value to force equity/a...
Stephen Bell
Inconsistent Insuance for BPers
I've been scanning and reading a lot of posts for the last few months and when people do their breakdowns of their buy and hold investments, I commonly see their insurance as extremely low. Often times, I see somethin...
Jeff B.
P/E ratios vs Cap Rates as metrics
Stocks are measured using a Price / Earnings ratio (ref: http://www.investopedia.com/university/peratio/peratio1.asp) Although a simple indicator to calculate, the P/E is actually quite difficult to interpret....
Thomas Blue
Recently Sold Commercial Properties?
I realize that sites like LoopNet have data on recently sold commercial properties, but I was wondering if there are other sources out there that are free?
E.G. See http://www.dailycamera.com/business-data...
Adam Craig
How soon can I refinance a commercial building?
I am looking to purchase a historic house converted to a 4 unit office building right in great trendy downtown area - I would be converting it to 6 spaces and using one space for my own business. The price is 275K.
I...
Weng L.
Conventional Mortgage on One Building of 4 Townhouses
I am looking to buy new construction townhouses and talking to seller if they can sell whole building (that has four 2-story townhouses) to me as one portfolio (one property) instead 4 separate units. From financial p...
Eric McLaughlin
Cash out refi appraisal issues...
I want to preface this by saying I'm very new into real estate investing. I purchased my current home and started rehabbing and improving with my own credit and cash and the numbers listed below aren't ideal for a ty...
Bryan Dracka
Wholesaling a Multi-Family?
In my most recent mailing a multi-family got mixed in with my sfr's and I got a call from a the owner asking how I knew that she "was planning to sell". The owner is retiring and moving out of state soon. Its a 3...