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What do you do when your appraisal comes in $100k OVER the purchase price.My goal is to buy 20 units each year and we are about to close on our first 4 unit building next week. The appraisal came in a lot higher than...
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Would it be wise to apply for a non-owner and an owner occ loan at the same time?. If not, is there an order that would be best?
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Hello,
I am looking to get involved with real estate investing in the Metro Detroit Area. I dont have the best credit nor do I have that much of a down payment to get started. I'm looking for ways to get in...
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I've heard that it's hard, or costly to get PMI removed off a home, and I was hesitant to even ask how to have it removed. I've heard people have been told three year minimum on before it can be removed, I heard it ta...
Hi, I'm a new investor interested in purchasing notes secured by real estate and am investigating state-by-state laws regarding the buying, selling and servicing of notes. I spoke today with a compliance investigat...
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Question is this. I am a LA resident and love LA but do not mind relocating if I have to for better long term results. If you were in my shoes and you were getting into real estate full time as I am would you:
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A while back I complained about how they had advertised allowing pets, which is why I moved in, then the next month I was 12 hours late with my rent. Now they are telling me they want to "severe the relationship" bec...
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Sanity check please..
Six-unit apartment building, 2@2bdrm, 4@1bdrm.
Asking price is $299,000.
Gross Income is $55,200
Expenses $27,600 (50% rule) stated expenses actually $20k
NOI $27,600
Figured on offering 275...
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I have located a property for sale in the Blue Hills area of KC that I would like to BRRRR. Zip code 64130. It is a 3 bdrm 2.5 bath, 1318 Sq. ft single family house. Bigger pockets property analyzer is telling me r...
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Hey guys I've just HH'ed a duplex with my first purchase. I've fully bought into the BRRR Strategy..... I'm wondering if anyone has experience in using hard money to finance the purchase and rehab... I'm going to begi...