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I have an off market triplex that has four units that have been operating as a fourplex for years. It is on one electrical meter and has a zoning of three or more units. However the tax record says three units. Im usi...
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Dear all, I just receive the property tax assessment for my rentals in Williamson county and I would like to protest the property tax. Because I am an out of state landlord, I don't feel confident doing the appeal mys...
We bought 2 homes in 1 lot. We have rented 1 house. It has its own different address. Our loan is for our primary address. So, our mortgage payments are combined for both houses. Let’s say we pay X amount in mortgage....
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I haven't been able to get a heloc because I don't have 2 years of self employed tax returns. I want to use the heloc to put towards the downpayment for an investment property. Ive heard of people using their existing...
Was working on a short sale of a property that was up to auction. WF was servicer and FNMA is the lender. The BPO and appraisal were ordered and submitted to FNMA, but for whatever reason weren't sent to WF in time ...
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I am a realtor and do bpo's for extra income. I understand that market values are different in different states and the fees to do these bpo's are different. My question to anyone doing bpo's, are we getting paid enou...
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I am doing a 3 unit rehab in Germantown and, upon completion, looking to cash out/re-finance with an ARV based on a rent multiplier method as opposed to a CMA as there are no good comps in a reasonable distance. Do le...
Shooting for a BRRRR deal. Will banks loan on a house that appraises for 35k?
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I am new to RE. I am trying to figure out how to catch the attention of bankers and investors so that they will carve a little time to talk with me. It really boils down to my wording. I am try like He(( to grab atten...
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Greetings,
What is the best way to estimate what fixed/holding costs will be for a particular property?
I seem to understand the other parts of the MPP equation; sales price, rehab, but the fixed costs are confusing...