Sean Crowe
Refi terms question - LTV 80.1%!
Hello,
I'm working on a refi for my primary residence. A lender has offered us a loan estimate (waiving the appraisal) and magically valuing our property at $555,555. The loan amount is $445,000. This puts the LTV ...
Michael Glaser
Signing Before Closing Date
Purchasing property, waiting on appraisals. The seller recently said after we signed a sales contract in November that he wants to have the contract go into effect Jan 1, 2017. This is to avoid capital gains he'd have...
Brandon Turner
Capital Improvements Included in an Appraisal?
Hey all - I'm getting an appraisal done on my apartment complex this week and I'm wondering if anyone knows: Will an appraiser include the "CapEx" in the valuation? Like, I spent $25,000 replacing the siding on part o...
Michael Rossi
How Low Can You Go?
Tim's response to the last topic has me wondering what the lowest price anyone has paid for their property.
My lowest cost doublewide (26 X 60) was $10,000 (looks like new). I get $700 rent for this one.
My lowest...
Paul Hernandez
Had anybody heard of Joe Arias?
Has anybody heard of him? I am planning to attend his seminars? Should I be careful?His Advertisement-The Real Success seminars keep getting better & better 🙌I enjoy meeting, coaching, & learning from all the...
Mike Girenko
Landlord insurance price
Hello all, I am paying $426 / year for a 500 sq ft 1-bdrm condo in Aurora, CO. The coverage is $40,000 for condo unit and $500,000 for liability. Does this price seem reasonable? I could not find a better price, but s...
Jennifer Hollstein
Starting a company
I am putting an offer in on a house to renovate and fix it up. I started an LLC to purchase under. I was told I can not do this type of work through an LLC I need to open an S Corp. is this correct?
Devin Mann
Realtor vs wholesale
is there much reason to wholesale deals instead of just getting the 3% commission on a deal?
Andrew Yu
How to Structure this Lease Option
Just came across this deal yesterday. The house is worth about 120K, still owes 116K, and has 29 yrs left on mortgage. Monthly PITI is around $850, can be rented for $950. As you can see, it's a low equity, low cash ...
Paolo Nascimbeni
New Member from Rockville, Maryland
Hi I am a new member from Rockville MD. I have been investing in single family homes but I think it is time I switch to something else. I also am a realtor so I have been looking on MRIS for commercial properties b...