John McKee
What have you learned this year about Commercial Real Estate
There is always something to learn as I add to my checklist. One of the things that I need to do a better job is to button up future leases on the HVAC system. Some of the leases I have inherited are vague on the re...
Derek Sorto
Hard money Lender says not worthwhile to lend
Hello,The scenario:I found a two family property in which the purchase price is 85,000 cash. It has an approximate ARV of 105,000. Seller says no money would need to be invested for repairs (I doubt that). I have driv...
David Zheng
Property management maintenance fees?? where are you at
Hi All, got a question about property management just so we can compare numbers. I'm wondering how much most of you pay for the maintenance portion of your property management company. Do you pay just how much their h...
Vinay C.
My first deal - Los Angeles (LA) - House hacking with buy & hold
Hello BiggerPockets Family,I wanted to share my first purchase that I closed in LA back in August 2017. Now that the dust has settled, here is my story. I hope this reminds beginners like me that it is possible to pur...
Christopher Gingras
New Introduction - Wells Fargo Issue
GreetingsBP has been an amazing resource and motivated me to begin my real estate journey two months ago. Not one to take baby steps I am under contract to purchase three quad plexes from two different owners in Gain...
Kusmayadi Djunaidi
Buying turn key property
Good morning,I'm trying to see my option in turn key properties. Have anyone buy turn key properties? I was just contacted by a company who is in Ohio called American Wealth Builders. Anyone have any experience with t...
Michael Dunn
Removing the PMI on FHA loan once you have.........
I was wondering please, Can you have the PMI removed from your FHA loan , SO LONG AS you have " Less Than " 80% LTV on your Primary Residence ( so a LTV of 79%, 78%, 77% , etc. ) ?And do you have to have owned you...
Chris Vail
Finally in Contract
Hello BP, I am happy to say that I finally have an accepted offer on my first rental property purchase. This property will not conform to most of the rules out there in BP, however I feel it works for me and my situ...
Murphy Frankhouser
5% Down Duplex Financing
I'm buying a duplex in Louisville KY as an owner occupant. I understood that 4 units or less Owner Occupied could get lower down payments on the property. I am not finding this to be the case. I make too much to quali...
Ellen Z.
Advice needed to negotiate with bank on a cash offer to short sales
first time poster and a green hand, seeking advice.
I am interested in purchasing a short sale property.
The seller bought in 2005 for 440K.
short sale listed around 275K about a month ago,
recently reduced the price...