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Two days before closing my lender advises that neither FNMA nor FMMC would buy my loan. Only financing 70% of appraised value. 81 of the 86 units are non owner-occupied so they didn't want it. Non-warrantable.Of cours...
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I am considering getting my real estate license. I plan to buy several properties this year and I am assuming that I will be able to get +/_ 3% of the commission by having my own license.
What expenses will ...
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Hi! I am interested in buying a leasehold property on Oahu as an investment property. I have a have some questions:What fees are there when purchasing a leasehold property other than the purchase price?How do you ru...
Hello all,
Im hoping to get some thoughts from some experienced Landlords on your processes for turning over tenants. I am managing and maintaining 10 units currently and have been for a little over a year so I am st...
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Hi,
If I buy a apartment doing a seller carry back, how do I explain to the seller how they are protected if they carry a 2nd position note subordinate to the bank?
The example scenario would be if I bought a $1M pr...
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For Realtors/Agents who are investing: If you make an offer on a home from the MLS, do you always represent yourself (write the contract, submit it, keep the commission, etc.) or do you enlist the selling agent as yo...
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I've been listening to the BiggerPockets podcasts and I must say, I'm addicted. I currently live in a condo in Scottsdale, AZ my parents own that are letting me rent it out from them. I've been looking for my first p...
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How do you guys feel about investing in condos and townhomes in Arizona. I’ve heard at any time they can refuse to allow renting, which is a bummer.
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Starting your first Airbnb? Here are a few do’s and don’ts that saved me time and headaches:✅ Do invest in professional photos.❌ Don’t ignore guest communication—automate it!✅ Do research your local market before sett...
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I am looking to launch a door hanger campaign in several target neighborhoods to pick up a few deals (hopefully). Has anyone ever run door hanger campaigns before and if so how did they go? I am looking at starting ...