Candice Gold
A good deal?
So, i've been lurking BP and reading as many books as possible; (currently on Think & Grow Rich) but i'm no where near ready to start investing. Or, I don't feel ready. Well, I noticed this pop up near me and I'm ...
Ross NA
Realtor says the bank appraisal can tell home value...
Currently, my spouse and I are renting an apartment. I found a home that is unoccupied by the owner that has an asking price of $148,000, but I know from comps that similar homes sold recently for about $133,000 or so...
Michael Win
Conventional Loan & deferred maintenance affecting closing
I have a home under contract. The Sale price is 15K under the Appraised value. My finances, income, credit history are all in order without issues for best rates. Typical 20% down.The loan is in the final stages and r...
Brice Lorenz
New member from Wisconsin with creative idea to get in the game
Hello Everyone,New inspiring investor here in the stages of gaining education. I have a unique creative way for me to gain equity in some deals. Curious on everyone's opinion on if this could or could not work...I o...
Alex S.
60 Days FHA buyer haven't closed
I have been under contract with a buyer since 9-24. We were suppose to close on 10-24, and was canceled on the day of closing, because of an unexpected tax lien that showed up, so I extended closing to 10-31, but we d...
Tyler Smiarowski
Awesome Bank Financing! Does anyone else do this??
I hear a lot of people on BP talk about that the best they can get for financing is typically 80% LTV. A local bank I work with will loan out 85% LTV on 4 units or less and 80% on 5 units or more...here is the kic...
Jermyn Brown
My appraisal came in 43K under expected Value. what should I do
I bought a house in Detroit for 31K I rehab the home for 25k looking to do the BRRRR Method I had a hard money lender that I deal with set up but their minimum is 75K. When I went to refinance the home the appraisal ...
Christian Villanueva
Can someone help me with this house hack analysis please?
Hello, I'm new to real estate and like many others, I want to get my feet wet with a house hack property. My plan is to do this with a single family home with a detached garage or a smaller unit detached for me to liv...
John Smith
Help - advice needed - how to walk away
HELP! HELP! Please somebody help me!
Three years ago I was completely debt free.:D: Then I bought my house at below the market value – 165K. It appraised 180K the day I purchased it. Then I used credit cards to do ...
Marc I.
Gift of Equity Help and Potential Rental Property
Hello BP forum, I've been doing a bit of research and keep running into obstacles. Here's my scenario:My retired parents (who live in another state) would like me to take over their mortgage. Ideally the want to give ...