Hi BP,What are your three top sources of information concerning these categories? :1. Market conditions in your target market2. Analysis of properties (sources of information on the property excluding info from seller...
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My car lease ended June 1st. I’m not getting a new car because I work in Manhattan and when I first got the car 3 years ago I didn’t work in Manhattan. My broker is telling me the banks will still see it as if you’re ...
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Hi there! I just closed on refinancing my primary residence that I have lived in since 2016. One of the things I signed in the documents is that I intend to keep the property as my primary residence. To be specific, i...
I've been sitting on nine investment mortgages for a while now because I was holding my 10th mortgage for a primary residence. After reading over the Fannie guidelines (https://www.fanniemae.com/content/guide/selling...
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Hello to Everyone!i have two questions.1.Can i construct the assignment agreement to where the end buyer signs the agreement prior to seeing the property and has 24 hours after seeing the project to deposit earnest mo...
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Am I correct in that depreciation expense is excluded in calculating these ratios?
Also, for the cap rate, how do you determine the value of the property? purchase price solely, purchase price plus capital expense ...
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Hello, I'm curious if it is worth it to also get comprehensive insurance on top of dwelling insurance & premise liability insurance for a property flip? Is this needed?
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I’m looking to buy a condo in Kansas City that I will use once or twice a month. I’d like to rent it out (AirBnB/VRBO) the rest of the time. Anyone know an agent who can help me find a property who also knows short te...
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Very interesting article., thank you. I have this question, in today's Seller's market, does it make sense to sell with Seller's finance and wait 7 years? This is my brother's case. He owns a rental house, not mortg...
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I have a condo unit in Los Angeles and I need to have my tenants vacate because I am moving family into that unit.Since my tenants have been there for >1 year, I know I need to provide a 60-day notice. I am unclear...