Armen G.
Selling Condo Rental for Multi-Family Rental?
Hello all, this is my first post and I hope it hasn't been addressed before. My apologies if it has and any links to discussions would be greatly appreciated. Here is my situation...My wife and I own a condo (2nd fl...
Bao-Chau Tran
Should I buy this land lot in East Tampa Florida?
Hello,
I am not sure if this is the right location for this topic. But I am looking into a lot of land in east side of Tampa and the asking price is $12500. I have done some preliminary research into the area and pro...
Robert Carpenter
PITI payments
In a PITI payment are all four portions normally paid as a lump sum to the mortgage company which then sends the accumulated insurance payments to the insurance company once a year and the accumulated tax payment in ...
Matthew Schroeder
Indianapolis - What is the Value of a Garage?
Dear Indianapolis BP Members,Your input, comments and feedback are greatly appreciated on the value ($) of garage in Indianapolis. I am trying to assess what the cost/benefit is of having a 2-car garage vs not having ...
Beth Cassidy
Buying boyfriend out. His name isn't on the loan or deed. Taxes?
My boyfriend's parents bought a house in cash in 2011 and put it in our names. We didn't put any money down. In 2014 I did a refi to get them out of the loan. He couldn't get approved so I put the loan and the deed in...
Joshua Dorkin
Announcing BiggerPockets Podcast #4: Commercial Investing with Frank Gallinelli
Today we're mixing it up a little bit on the BiggerPockets Podcast with special guest and commercial real estate expert, Frank Gallinelli. Frank specializes in analysis and presentation software for real estate inves...
John Babcock
Wholesaling Duplexes in Indianapolis
I am a local wholesale investor in Indianapolis and I have a property owner that I came into contact with from a letter. He would like to unload his whole portfolio this year! The only problem for me is that most of...
Vikram C.
Foreclosure auction - risk reduction
When buying at a foreclosure auction, I have several risks and most of them are controllable. I can figure out the ARV with some degree of accuracy, I can check for title, senior liens, etc.
The big worry for me is ...
Tyler Speelman
Lender will do 80% of purchase price and not 80% of appraised value.
Hi fellow real estate investors, We have a home under contract that appraised above the purchase price. Prior to the appraisal the lender said they would do 80% LTV. Lender is now saying they will loan on 80% of the p...
Wendy Vaidic
Questions to Ask For Rental Purchase
Hello. I'd like to purchase a rental property, and I was wondering what questions I should ask the seller?I'm thinking:1. Tell me about the property2. Current lease terms ( amount, length etc.)3. Length of time curre...