Derik S.
Getting into Real Estate when you're unemployed
Looking to get started in real estate, but the only income I have received is a $20 my mom gives me from time to time. Lack of money, investing in real estate, something doesn't compute correctly here. As some here kn...
Chris Allen
Selling Home on Sub-To
Long story short, I am in a difficult situation with a property of mine and need to get rid of property. We have an offer for someone to purchase our property via Subject To. Anything I need to be aware of or make sur...
Account Closed
How does an appraisal get above comps?
I'm new to the world of retail appraisals, as previously I've always sold to investors and never allowed for an appraisal contingency. I'm confused how values can go up and if the appraiser is using comps.
I liste...
Frederick Telles
New to the forum and real estate.
Good evening everyone! I am glad I found this forum. I have been lurking for a couple of days just reading threads. I am starting school for real estate in September with Howard Hanna and I will be looking to start wi...
TJ Cameron
What are Realistic terms in South Dakota for hard money?
My prior post was deleted, so let me ask this in a different way:What are realistic hard money financing terms in South Dakota for multi family purchases or construction?What interest rate would attract lenders? (6-9%...
Michael Keane
BRRRR: 75% LTV Cash-Out Refi on a Duplex Investment Property ?
Hello BP Community.
I am approaching the Refinance step on a BRRRR, and understand that 70% LTV is the Freddie/Fannie limit for a cash-out refi on a 2-unit rental property.
Are there strategies for leveraging 75% L...
Maria D'Aura
Looking for a Rockstar CPA - give me your recommendations!
If you have a CPA who's amazing, answers your many questions, discusses your options, plans for the future, and doesn't just do your tax prep... please send me their contact info. I'm in California, but I understand i...
Joey Hering
Question for Lenders about Appraisers
Hi Everyone,First time posting here, but I was wondering how lenders choose their appraisers. If you were to never have gotten an appraiser before, how would you go about seeking one? What are key factors that weight ...
Shafi Noss
Why 27.5 Years for Residential Depreciation?
Does anyone know where the 27.5 and 39 year numbers for deprecation schedules came from? They seem so specific, 39 instead of 40, 27.5 instead of 30, does anyone tax savvy know how these numbers got placed?
James Smoot
Deal analysis, help
Hello, is there a wrong way to analyze deals? I mean obviously right, but i feel like all I’m doing is changing the numbers to what I think will work to make the 12% COC return. Am I doing it right?