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I made an offer of 130k on a duplex that was listed for 200k, it was approved by the seller and we began escrow. However, the appraisal came back at 136k, I'm wondering what I'm missing here? My intension is to use t...
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Is there a reasonable way I can estimate insurance costs on SF homes for rental?
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Hi Guys,
I know people dont really pay attention to tax assessed value, it is the comps of the area that is important. But since the market is soft now - you can't really depend on the comps from 6 months ago. Peopl...
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Looking to purchase our first property, but unsure how to classify it. I am intrigued by the idea of only having to put 10% down for a "second home" and having more cash in hand for some upgrades etc, but are the tax...
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How lenient are lenders in the current economy with deducting prospective rent when seeking a mortgage on an investment property?I'm wanting to downsize, rent out my current home (45% equity atm), and purchase a new p...
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Hello Everyone,
Would you purchase a 2 year old SF home, in a neighborhood, where most of the SF homes, are 40+ years old?
Thank you for your time,
Raymond in Ct.
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I realize the answer to my question is "it really depends". Is the park new, is it old, does the park own the mobile homes or just the lots, etc. In this situation the park owns the majority of the homes (90%), 50% ...
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Hello,A newbie looking to buy first SFH home to live in Brentwood, California.Any suggestions on the locality to look for houses in Brentwood.We are looking for houses with a swimming pool.Which locations to avoid wil...
Hello, I'm starting to practice analyzing deals and I was curious what you all thought of this listing... The strategy would be to buy and hold/For the sake of evaluation, let's say that Mount Vernon is a C- to B- n...
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Hi, has anyone here invested with or can refer any good options for mobile home park syndications for non accredited investors? I've been interested in getting in to this space. Thanks,Tony