I am trying to acquire a 4 unit property and the bank is telling me they won't accept the NOI appraisal method only the comparable method. There aren't a lot of 4 units in my area so the comparable method is not reli...
If a manufactured home is built with less materials but same square footage and amenities like same bathrooms and bedrooms but the value of a manufactured home Is a 100 bucks a square foot but the single family home I...
I have been researching the real estate market. I would like to inquire about the necessary information to provide a comprehensive understanding of the property in question to a Private Lender. So that they have all i...
Hi,
My goal is to get another rental property with the proceeds. I have a rental property (town house) with equity 127,500(approximately).
I owned it for 4 years 11 months with interest rate 3.625.For Cash Out Refin...
I found a multi-family in my price range that I like. One side is a 2BD-1BA, other is 1BD, 1BA. I used the rental calculator on BP to determine the rents for both units, then just combined them. Nothing more needed th...
On average , how much are you guys paying for landlord insurance / dwelling policies ? Who’s your carrier ?
Would anyone be able to give me any actionable advise, or insight on how else to verify/analyze comps in certain neighborhoods?Currently, I've just been doing deal analyses using RedFin or Trulia on whatever comes to ...
When you look at a home on Zillow an see for Sale for $100k and the neighbors homes are $170k is that really worth it?
Hello BP members. I am in need of some assistance. I am planning to purchase a 3bed 2bath duplex in my market. However, when I run comps I am pulling lots of single family homes. Single family homes seem to have a hig...
I’m looking to purchase a property and possibly convert into Multifamily but I’m needing to know how run comps on a SFH converted into Multifamily, do I run comps for SFH in area, do I look at cap rates, I am in Midwe...