Jeff McNutt
Meth House
Looking for some advice...
I found a house that looks like a good deal on paper. I learned through the disclosures online that there was an active meth lab in the house. Work was done to take care of that issue (about...
Kim Handelman
Condo Rental - Call me crazy but I don't see a downside!
I can hear the gasps as I sit here and type. I'm currently wholesaling to raise capitol to invest in buy and hold and I've noticed this weird little niche market here in CT. Wondering if anyone could weigh in on wheth...
Daniel Chang
Old house vs New Development?
Hi everyone!My dilemma is, buy an old house (BRRRR) or buy a brand new home and rent it.I know, it will broadly depends on my goals. So, here are some cons and pros I can think of:PROS:- Old house can be cheaper, spec...
Shan Dey
Any input on vacation rental Investment in Truckee?
Currently looking into buying a 4bed/3bath SFH in Truckee (preferably in Tahoe Donner) and use it as a short term vacation rental. I hear that STR laws are better than South Lake Tahoe (city or El Dorado County) and i...
Tim Porsche
FHA Streamline Refinance Question
Hi All, I'm in the process of trying to do an FHA Streamline Refinance on an FHA mortgage I have. I've talked to my mortgage holder about this and he said I could save about $40 a month doing the refinance, with no ou...
Niyi Adewole
How Much $ do you keep in escrow for repairs?
Good Morning BP Family,I currently own 1 tri-plex and i have a couple offers on the table for a few more small 2-4 unit multi-families. I've been mulling a this question over in my head for a few days and wanted to ge...
Alex Pirila
To cash-out or Not To Cash-out?
Hi all,Here is the long and skinny… in 2019 my wife and I purchased a AZ home using a VA loan. After 9 months of sweat equity and renovation, I was offered a great job out of state we did not want to turn down. Fast f...
Basel Hakim
I would think this off-market deal would flip easily??
Hello fellow investors, this is my first post here. I wanted some help and advice from more experienced investors to analyze this deal - which I believe would be a killer deal for cash buyers to grab - but which I'm n...
Ben Ryder
Should I sell my home?
Closed on it december 2018. Got it way under market. Paid 282 with 3% downpayment. Appraisal waiver came back 375 which didnt account for my remodel. It was dated and I updated it. Didnt put much into it did it mostly...
Steve Doyle
loan to value
I am a little confused about LTV ratios. From what I know a LTV is simply the mortgage amount divided by the appraised value.
If I am looking to mortgage a property that appraises at 100k and ...