Account Closed
Appraisal value lower than purchase price
Hi all, I am in the process of closing the property. Appraisal value comes out lower than the purchase price and lender is only willing to go 75% of the appraisal value. Is there anything that I can do?
Pat Lulewicz
Connecting and Info on Charleston STRs
Experienced investor in LTRs, and relatively new to STRs with a purchase in NC last year that has done exceptionally well. Love the model and have been looking at STR markets, other than my current one, to have option...
John Mano
Zillow No Longer Free to List Rentals
Just found out that Zillow/Trulia now charges $9.99/wk to list rentals. Evidently this started back in June. I have had great success listing all my rentals through Zillow but going from free to $9.99/wk is a bit of...
Elliot Vann
Quick! I got an offer accepted now what?
So me and a partner have been looking at deals for a few months and we finally got a mortgage pre approval.We put our first offer on a property in Easton, PA...and just like that after a counter we are good to go!It i...
James R.
Vrbo Police !!!! Beware !!!!
I just received this message from VRBO. To be clear, the potential guest involved wanted to walk through the rental prior to booking it. She did so and left a note with the person who showed her the house. Once I r...
Sandra Tendilla
Property Survey Issues in Erie, Pa
Hi Everyone,I purchased a single-family home in Erie, Pennsylvania and I recently had a property surveyor come and mark the property lines to build a privacy fence. During the survey, one of the corners of the propert...
Dave K.
From the mentors perspective
So I have gathered from a previous post to go and seek out investors at REIA meetings to find a mentor. But what incentive do investors have to become a mentor for someone? I am asking because I would like to be in...
Jacob Elbe
Purchase Agreement Terms
Hello All!
So I'm still new to REI, but I'm in the process of trying to buy a property through a turn key provider in the Cleveland, OH area. I own one other property, but bought it as my primary residence, ...
Steve DellaPelle
First/Last/Security - What to Charge?
Hello,I am reading into what is allowed by the State of Massachusetts for charges such as first/last/security...I understand that:1. I can collect a security deposit = to rent2. This security deposit needs to be place...
Erik Nizenkoff
Seller Refusing to provide Phase I ESA
Hi, I've been lurking on the forums for awhile, but this is my first time posting.I'm currently 14 days into a 60 day escrow on the purchase of a commercial property in California. This would be our first commercial...