I am about to close on a property where a large amount of seller credit was negotiated with the purpose of buying discount points on the mortgage. The bank is only allowing a certain amount of seller credit to be fina...
I am in the (good) situation in that one of our rental properties is in a very desirable and improving neighborhood. It is an older house with a very basic interior compared to the recently rehabbed/new construction ...
Hello! My husband and I are working on budgeting and saving up capital to invest in our first real estate deal. We plan to buy something within the next year. Anyone have advice on a great savings account option that ...
Hello BPers!I am currently building my investment team after reading several books on RE. I've begun networking and attending meetups to find potential partners and just network in general to find like minded people. ...
Hi. I am trying to figure out what happens when a property is listed for sale at a foreclosure auction, but the listed upset price is higher than FMV of the property. No one is going to bid above the upset price, so t...
All,New to the forum, but long term lurker and avid listener of the podcast. I currently work in Commercial Real Estate banking in the DC area. I’m torn between whether I should pursue my masters degree in real estate...
Hi All - I have a ten person maximum vacation rental in Mexico. Groups range from smaller 4-5 person families to groups of up to 10. I charge everyone the same although clearly larger groups consume more water, gas, e...
I'm an experienced Interior designer with 'know-how' to give a property the 'selling looks' on a minimum budget. In my opinion flipping houses is not only about finding good deals to buy/sell/ finance.Giving the prop...
We have two 3/2’s in A class neighborhood and area in Knoxville. Looking at adding a 5/3.5 - thinking it will clear 1k/month cash flow minimum. Maybe more. Just wondering about demand. I know it’s not the normal inves...
Hey helpful people, I know that in some states property tax is higher on a rental property than an owner occupied. Is this the case in Chattanooga? If so, what is the rate? Good to know so as I look at Zillow estim...