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Philadelphia Hard Money Lending Market Conditions
Looking for local investors in the greater Philadelphia area willing to provide their thoughts on local hard money lending. What are some of the criteria that you have considered in comparing lenders aside from LTV, p...
Kelly N.
Bank will only allow 30% of LLC's funds for closing and down payment costs
Hi all,Anyone heard of this policy? I am trying to find out if it is just Quicken Loans or if this is a Fannie/Freddie stipulation.We are in the process of buying a 3rd rental property. We bought the first 2 in 2013...
Greg Koszkul
How to screen college students for your apts
How do you guys go about renting to college students and ensuring you are finding tenants that will be respectful of the place (i.e. not trash it and throw parties?) Are there ways to know or screen for this when stud...
Lisa Bujulian
HOUSING MARKET UPDATE
TX HOUSING MARKET UPDATE : From the Texas A&M Real Estate Center Journal, Jan 2017PIPC relates to the personal income per capita used to represent income growth.PIPC growth in Texas has outpaced housing price grow...
Farshid Khazaei
In your opinion Is EMD a scam?
I have a deal in Texas that the seller is asking me for money for EMD, and he is firm on this. Do you think I should pay now or not?Thank you for your guidance.
Nicholas Sorace
How much should it cost to transfer my property to an LLC?
I just bought my first property I am working with a lawyer charging $260 / hour. I have no idea what the standard rate is for these services ism particularly in Ohio, so if someone can provide some input here it would...
Martin Guerrero
Can I deny Felons and Sex offenders for rental properties?
When posting mininum qualifaction standards are there standard or general clauses for felony charges and or sex offense charges. We would prefer to not rent to sex offenders as we are in a condominium as well as clos...
Martin Guerrero
My first Listing can someone provide feedback?
Hello Fellow BP Members. We are listing our first rental unit and wanted some feedback on the listing. The condo will be available for rent mid january currently updating floors, paint and kitchen so pics coming soo...
Jonathan Steiger
What kind of interest rate to expect on first investment property
I know a lot of things have to be placed into consideration and every individual will not be the same, however generally, what interest rate should I expect on my first investment property?Don’t currently own a house ...
Damien McDonald
Construction loan appraisal - cost approach most appropriate?
Hi guys, when obtaining a construction loan from a portfolio lender for new construction on an empty lot, I would think the cost approach to value would be the most appropriate for the appraisal. I was given an apprai...