Can someone explain how deals are done to include repair costs in the mortgage loan amount? I recently saw that someone purchased a $140k property and got a $200k mortgage. If it appraises for $200k then do you just ...
I have a 3 bed 3 bath property where the 3rd b/ba is separate from the main house and self contained aka granny flat. What is commonly done with properties like this? STR the entire place or LTR the granny flat and ST...
I am looking to expand outside of downtown Albany, and two of my brokers recommended to look into Menands NY & Colonie NY. I wanted to get the tone from the people here @ BiggerPockets. I know real estate values...
I'm considering setting up a LLC to invest in real estate with friends. I have a few questions around the operating agreement and will very much appreciate your insights.1. What are the conditions/clauses to leave the...
Hi All!I recently purchased an investment property that needs some siding work and new windows/ doors. Does anyone have a recommendation for a contractor near Asheville/ Waynesville NC that could help me get a quote f...
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I'm a first-time investor here. We found a duplex property with tenants. Per our agent, rent is ~ $1500 for one unit and ~ $1700 for another. FYI, we don't feel like our agent is really investor-friendly.
Ca...
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Why are people paying these prices!? They have been for years! Numbers don't pencil out for a 30 year mortgage, but property still sells! If the buyers are cash buyers why don't they just put their money in...
I would value your thoughts on how to choose a good HELOAN lender. What else should I take into consideration other than rate?:
Does the type of entity you use to purchase a property have any effect on the interest rate? Using your self vs an LLC. Or is it more about credit score, DTI and all of the other things. And if you use a LLC and have ...
Good afternoon bp family is there a contract one can use to get around the earnest money.