Tyas Frantz
My first potential rental
My first home has gone up in value 55% & I'm working on buying a new home and turning my existing into a rental rather then selling it. I'd love you guys to talk me out of it, if I've done the math wrong or have m...
Derone Patterson
Fha loans
Im looking to buy for first multi-family house with an FHA loan. My question is should I wait 3 to 5 more years to save up 20% downpayment or would it be a good idea start with 3.5% down? I do feel like I should put 2...
Jonathan Hagan
First deal opportunity analysis help / valuation problem
Hey everyone,
I have been reading BP for a while now and I am finally in a position to potentially make a first deal. An agent informed me of a potential multifamily deal in the area here, and it looks like it...
Jim Viens
Input on offer price
I'm talking with a guy right now that owns 8 SFH rental properties he's wanting to divest from. One property in particular is a 3/1 with single garage and full basement on a quiet street. Market values in the area are...
John P.
RE Portfolio Advice
Here's my current portfolio. I’m looking for advice on whether to sell and move into better cash flow properties:Property 1: Florida SFR 3/2 (paid: $183K, worth $121K; rents for $925/mo.; own F&C).Property 2: Flo...
Erika G.
Type of Lease and Rent Increase Advice for New Landlord
Hi all! I'll be closing on our first deal sometime this week. It's a duplex with one set of tenants that are on a yearly lease and the other is on a month-to-month. My question is if I should make the month to month s...
Tony Paterno
New Member From Portland, OR Seeking Recommendations
Hi BP Community,I am a real estate newbie, and like most novices, I have been researching and educating myself, but have yet to take action. I feel a bit paralyzed but am determined to make something happen. I am re...
Daniel Gibson
Is it possible to seller finance an appraisal gap? (Ideas to cover the gap!)
Hi BP,I'm looking to purchase a property (offer accepted at $485k) however the appraisal came in $30k under ($455k) which I'm unable to cover. The seller (so far) isn't budging and has refused to lower the purchase pr...
Peter D.
Rental Property with Adjacent Vacant Scenario
My wife and I recently purchased a house and rehabbed it and it is currently renting out for the same amount as the mortgage payment. When we purchased this property, it was run down and had major issues to fix and th...
Alison L.
Sell in hardship or ???
Sorry I posted this twice. I put it in the wrong discussion forum before. I am out of work and my husband will loose his in October. I have some money in a IRA. About 13kI own a condo rental in another state. It's in ...