We're about to start a large rehab project in the inner Minneapolis suburb of Golden Valley. We've completely gutted the house which was close to 5500 sq/ft when we purchased it. Thanks to the new fire suppression l...
I decided to go with turn-key property in Independence, MO. I had a clause in PA stating contingency on signing a renter for $995/mo. The property management went with a renter, but for $950. I am not happy about the ...
Hey folks,
We have a commercial deal under contract and after inspection have uncovered (as expected) needed repairs that not found before signing the agreement of sale.
When renegotiating, would you go...
I am going to lose it if I hear another seller tell me they want $65,000 for their $15,000 property because that what the auditor said it was worse.Nothing in the neighborhood has sold for more than $30k in the last 3...
Good morning!Anyone know more about prop 1? It is designed to lower property taxes and prohibit sales tax on all real estate transactions.Other provisions are include with prop 1, does anyone else know?
Is something like this possible (simplified hypothetical example):
Seller wants 500kConventional loan for first 400kSeller carries a 2nd note of 25k at 19.5915% over 20 years = $100,009 in total payments
Would this ...
I am going through a cash out refi on my home. My rate lock expired a couple days before the appraisal came back. No In that time the loan officer I was working has been replaced. Interest rates have also come down. ...
Hi all,im new to commercial / retail real estate investing.I found a deal today but im not sure whether its a good deal or not.Below are the details the NOI is Net Operating Income $181,220 this is my ...
I am looking to get my first house hack within a few months from now and looking to see if I’m able to do 1% down payment because Denver is a expensive market. I know there downpayment assistance programs and plan on ...
Hi BP Friends-Turning to the community for help evaluating a refinance that I'm considering. Would love any thoughts or expertise you can share to help me in my deliberations.Quick overview of the situation: Exactly o...