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After I paid 75% of the expense to fix the egress windows, my lender backed out of the deal for another detail that was mentioned in the appraisal. I frantically reached out to 4 mortgage brokers and 1 bank. Amidst my...
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Hello! I bought a property in South Florida at the peak in May. It turned out it has polybutylene pipes among other less serious problems. The total cost of fixing everything will be about $50K. I have already investe...
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I have 4 single family homes free and clear that I would like to refinance under 1 loan. Has anyone done this or know of a lender that can help me out?I have heard the term blanket loan and portfolio loan used for thi...
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Hello. I am new to real estate investing planning to buy my first STR in 2023, I am saving for cash down payment but wondering if taking a loan from my 401k would be a way for me to make this purchase sooner if the ri...
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I'm going to look at my first house on Monday, and per the seller (the daughter of the homeowner, who is deceased) the house has foundation issues. How do I assess how much it will require in repairs related to the fo...
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Hey BP! Going through a refi / delayed financing on a property I recently rehabbed and I am just comparing numbers as they seem a little elevated even in the current times. SFH investment property.30 year fixed / 75% ...
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Just purchased a 4plex, property has some deferred maintenance. We have washer/dryer hookups in the basement that our tenant uses with her own machines. Last week she told us that the washer broke and she purchased a ...
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Hello everyone,Some of you may have seen my posts about a month ago looking to get into a Duplex in a Condo Association that had questionable financials. Decided to not go that route, and instead partner with a few fr...
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So I'm under contract on my first deal. I offered full price and knew there would be some issues on inspection. Its a Duplex built in 1971. Its in interesting shape as the building itself looks to be in excellent co...
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Hello Helpers, I am planning a move to FL next year May 2024, and thinking to convert my current home to rental. There are some things around current home that need to be fixed, and I have yet to set up a business LLC...