Felicia Walker
Walk Away or Deal
I’m torn. I finally am under contract for a property that is in a small town, but has a new and growing casino as well as a popular mountain area… Its also known for hiking trails and scenic views. I was lucky enough ...
Char Prado
Seller Financing: How It Works in Home Sales
Seller financing -- when the seller gives the buyer a mortgage -- can help both home buyers and sellers.Seller financing can be a useful tool in a tight credit market. It allows sellers to move a home faster and get ...
Carlos Ptriawan
Archaic Fed theory
cc: @James Hamling So today is very interesting. Job market is extremely robust that we add 300k jobs than 150k predicted job. In theory this should not be good news because then Fed would have reason to keep the inte...
Scott Graham
Reduce Direct Mailing Costs??
Morning BP!My partner and I are ramping up our Direct Mail Marketing Campaign. Right now we are sending out ~500 letters a month to motivated sellers. We are able to do this for 61 Cents per letter. Stamp = 50 CentsEn...
Dax Nollenberger
Understanding ADUs and JADUs in Santa Cruz County: A Comprehensive Guide
In the face of a transforming housing landscape and tightening availability, California has embraced Accessory Dwelling Units (ADUs) as a beacon of opportunity and practicality. Bolstered by state laws, cities, and co...
Dennis Gallof
Rent basement apt that's not legal that would reduce any potential risks as landlord?
Hi,
I know what I'm asking is not legal, but it also doesn't stop the 30,000+ not legal apartments that currently provide a home for families in Queens, NYC that would otherwise not be able to afford to live there.
...
Daniel E.
Borrower Fighting Foreclosure: Part 2 - Mediation Request
Borrower has now requested mediation. What should I expect with this?We have long been proponents of renegotiating the mortgage. But the delinquent property taxes are too high.Borrower's take-home pay is ~ $1,500 - $2...
Lissa Harre
Advice on living in basement and renting main areas
I own a 5 bedroom 3&1/2 bath house with a finished basement. I’m hoping to live in the basement and rent out the top 2 floors. How should I split utilities, HOA, ect?Can I limit the rental to not include the backy...
Jayson Hinkson
Crunching the numbers
I am going to the bank to get pre approved for my 4th loan. I am looking at a duplex in South Carolina. List price is $169K (reduced 10K last month) with one side rented at $900/month (2bed 1.5 bath). Other side is ...
Emilio Pereira
Is there 75% ARV lending?
Having a hard time finding a lender who lends on 75% of the ARV. Most do LTV. Do hard money loans not really exist much that lend based on the ARV? Please let me know any help would be helpful