Amber McGill
Owner Occupied Multi-Family
Hi everyone, I'm new to BiggerPockets, never done a deal; and looking to get started. I would like to find a multi-family property to buy with either a FHA Loan or a NACA Loan. I've already started the NACA process, b...
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One of the fastest ways to get your loan request ignored by a hard money lender is ...
When working with hard money lenders, be sure you are able to quickly summarize your loan request. Don’t go into too much detail or explanation until the lender has decided to move forward in the process with your loa...
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Builders/developers: how much do you pay for lots?
Builders: Is there a particular percentage of the ARV or other rule of thumb that you rely on to calculate what you can pay for a developed (or
undeveloped) lot?
Brian Sweeney
Property Manager Expectations
In October I had to evict a tenant from a property and since then I've been working with my property manager to get some repairs and maintenance done before a new tenant moves in.
Things like:
Repair bathroom floorI...
Sam Byrd
1st Sub2 Deal / Buy & Hold
Hello BP!My first deal ever was 10 years ago. I bought and fixed, sold to my parents and they owner financed @ 10% for 5 years. My 2nd deal was a year later as a bird dog deal. I didn't even know it had a name, but...
Tommy Feraco Jr
Going Under Contract for a New Home Build
Hello,
I have a new lead interested in a new home build in my area. I have yet to work with new home builds and the process of going under contract for these in particular. I would assume that it would be a much long...
Ramsin Jacob
Baltimore Construction Costs
If anyone local in Baltimore could assist, that would be great.
Looking to find out the average cost per square foot, locally, in the city to build new properties. TIA.
Richard McRae
Applying Supply/Demand Analysis to Your Investment Decisions
The best investment advice I can give to newer investors can be boiled down to one item: PREPARE. One can hardly pull the trigger with any confidence if you don’t know your market well. Without this knowledge, you w...
David Ferrette
Using an Agent to Sell Multiple Properties - Austin, TX
If I wanted to list 3 spec homes each at about a $400k listing price, what would be be a fair seller's agent commission %? Would you expect a lower % for the seller's agent since they are getting so much business fro...
Mitch Kronowit
HML actions in case of default
Originally posted by Jon Holdman:I'm taking back a house this week because the borrower hasn't been able to sell it.
Jon, sorry for the thread drift, but I've been wondering, when the lender (you, in this case) fore...