We recently purchased an investment property and it came 9k lower in appraisal. Both us and our agent feel that the appraiser did not do his job well. The comps that he used are of houses 10-12 years old whereas that ...
Hello again everyone! I’ve been searching for seller financing and a lot of the property owners know what terms and down payment they want however I’m in a situation now where the owners are willing to do seller finan...
Hi, I'm about to make my first offer on a house.What I have analyzed so far(It will be an Airbnb type rental)- cashflow (for sure)- prices of comparable properties in the neighborhood- amount of property tax- amount o...
I’m thinking about buying a small 1 bed single family home, is this worthwhile in the market?
Thisniant really real estate in the traditional sense but I’m buying a sailboat in Sausalito CA and plan to sail the boat up to Seattle WA, where it will be permanently kept. From what I can see, it looks like the tax...
Hi everybody,I have a question about Dr Cashflow, the program to rent 3 bedrooms in a (fully furnished) 3-br unit to the Federal Government to house disabled people.The sales hype seems to claim 3 times market rent co...
When we compare costs to cover and what we have actually received in claims (we rarely claim, normally pay out of pocket to keep premiums lower), it seems we may be in better shape to self-insure. Experience in this?...
I'm hoping to attain my MLO License and was wondering if there are any recommendations for study material in order to prepare for the Colorado Mortgage Loan Originator Exam? Any resources that have a question bank and...
Hello BP,
What would you guys do if you don't have any recent comps (6 months to 1 yr back) available in the nearby area of a prospect property? I'm having a hard time trying to set up my comparable market an...
any ideas on who would do a line of credit on an unencumbered land in Chipley FL for even 50% or 40% LTV. the land will definitely appraise out based on surrounding comparables