Nicholas Weckstein
approved for loan but closing costs outrageous
so i'm approved by wells fargo for 145,000 with 25% down. my rate is 4.875%. buying in the scranton PA area. paying no points. and here's the kicker which i feel is insane...$10,059.86 for closing costs and prepaids ?...
Jermyn Brown
My appraisal came in 43K under expected Value. what should I do
I bought a house in Detroit for 31K I rehab the home for 25k looking to do the BRRRR Method I had a hard money lender that I deal with set up but their minimum is 75K. When I went to refinance the home the appraisal ...
Account Closed
Having Trouble Filling a Strip Mall Vacancy
Currently I have a Strip Center with a vacancy that has been incredibly hard to fill. The unit is ±1,300 SF of retail space. Located on the elbow of the shopping center. We have had little to no interest. We have m...
Sophie Lavet
Can I find off market properties and refer to investors?
Hi everyoneI am new to real estate and I recently was hired by a real estate investment firm part time unpaid to help them find off market multi-unit properties. If I was to find them a property and the deal was to go...
Hunter Peterson
Listing DBA as Landlord Name on Lease Agreement
I created a DBA (doing business as) for my rental property business that is tied to my personal name. Legally, am I ok to list the DBA name and only the DBA name on the line where it says "Landlord" on my lease agreem...
Tim Matthews
Timing of bringing in an inspector and a contractor
Hello, all. I've gathered lots of material on the purchasing process of a rental property, but there are a few things that I haven't seen described clear enough. During the purchasing process of a BRRRR property or ev...
Shireen Y.
Taxes on a break even sale?
I sold my primary residence/investment triplex last August 2022 and purchased a property through a 1031 exchange. I used $250k (personal exemption for the primary residence portion of the sale) and then $250k (in the...
Robert Krzesinski
Seeking advice/Best return on my investment
Hi everyone,I am a new to realastate ( only one flip) I own on current mortgage 137,000 with 3.3% interested rate, and wondering about the different options. I am thinking to sell my property and get out about 200k ca...
Skylar Dejesus
Fix duplex or Fix and Flip
I recently had a property put in my lap that I was thinking about fixing and flipping. Here are some quick numbers:Single family home - 946 sq ft, 2/1, built in ? negotiated price 20k. The last tax appraisal on the pr...
Therese V.
Recommendation for a better rate, $2k sucks!
OK, have a home built 1925 and we are closing tomorrow. Needed to get insurance that includes 100% replacement value. The home is brick. Great condition, except they want $2k+/year to insurance including $5k deductibl...