Jia Liu
What happens after pre-approval letter expires
Hello,
What happens if I don't find a property I want within the 90 days or so before the pre-approval letter expires? Do I need to get another one (and have credits pulled again) after it expires in order to contin...
Glenn Pierce
What is equity and how do I find out how much I have??
Hello I recently split a single condo unit in a triplex for 64,000 (32,000 for each party involved). The house is appraised at 93,000 and I was wondering how I would determine how much equity I would be able to pull o...
Jean Soo
House Hacking and BRRRR in Lowell, MA
Hi everyone!
I am a college student new to learning about real estate. I have parents invested in properties in Lowell, MA. I am interested in learning about house hacking and the BRRRR in Lowell, MA. I have been per...
Alex Bernth
Is your city over saturated with rentals?
Hey everyone! I am doing some research on rental property saturation. I want to find out if the cities around me are over or undersaturated with rental properties. But how would one find that information? Does anyone ...
Gabriel Tineo
Should I flip or rent
Would it be in my best interest to flip or rent a house in the current economic/real estate climate?
Vince Lucas
What to do at the top of the market?
What are you suppose to do at the top of a market? I know at the bottom you should be buying, renting and selling off when market increases. Flipping works when market is increasing but not sure what should be done at...
Bryant Brislin
What to Do With Fair Market Value Deals?
I'm a wholesaler focused on south Texas. We source a ton of deals, but so many of the sellers want fair market value. I'm trying not to throw away those leads, since at least they do seem like real sellers, and MLS in...
Eric Chang
Appraisal valuations and increase property values
I've done some BRRR deals to add value to my properties with good success for properties in Southern Alberta.
I'm curious if there's any appraisers/flippers here can comment on:
1. Other than using comps, how are pr...
Trevor Aydelott
Rookie mistake from a lender with 17K in Equity
So I have a client that's a Veteran ( irrelevant for this post) Anyways we found him a home and an appraisal was done on a home ( DUH) and the Appraisal came back at 223K with No Conditions ( which is Greaatttt) - He...
Alex Keathley
Portfolio Loan Requirements
Hey there BP Community!I have recently took an interest in portfolio loan requirements in general. I’ve read a few articles recently about what portfolio lenders review before they approve a transaction. DSCR, LTV, an...