Yousef Reda
Bank offering me two choices which to choose?
Getting a property through equity in my home. The new property I want to get is 300,000 I will be putting 20% down.Option A) They will give me 80,000$ HELOC and 2.39% x 4 year term amortized for 30 yeaars for the 240,...
Mike Stahlman
Best approach for making an offer to a bank REO.
We are making an offer on a house. The house was listed as an REO for 79k and we made an offer after reviewing it of 35,200. The ARV would be around 120k. Prior to making this we reviewed the house and noticed it h...
Erod R.
converting attic into rental apartments
Hi All,I owe a building in Philadelphia, PA which is zone as mixed used commercial. on file, the building is classify as 8 units(2 stores on ground floor and 6 apartments on top). there is an attic with high enough c...
Doug Tootle
[Calc Review] Help me analyze this deal
View report*This link comes directly from our calculators, based on information input by the member who posted.Hey guys, I'm looking at what could be my first deal and I think I have some ballpark num...
Willie Banks
Lender Wants to Lend Based On LTV Purchase Price
How does the loan process take place when the Lender loans base on the LTV and the Purchase price and not on the ARV?
Eddie T.
Blanket Loan Comparison
Hello All, I am having trouble figuring out which loan makes the most financial sense. I have spoken with two different banks about the Blanket loan products they offer. I would like your help in analyzing which bank ...
Sean Bramble
What does your underwriting/ offer process look like?
Hey BP- curious what your market selection > underwriting > offer process looks like in detail for STR acquisitions. What are the steps and what specifically are you looking for/ doing in each step? Which data p...
Joseph W.
Buying a property with a Oil tank in NJ
Hi everyone,
I come to you for advice on a property that I am currently under contract for(cash offer). The property is a two family in person NJ. During the oil sweep testing we were made aware of a oil tank full of...
William Hunt
Rookie Real Estate Investor
About me: I’m a 25 Year College Graduate from Ferris State University *May 2020*, former football player, and soon to be dad. I Grew a passion for real estate due to the financial freedom it brings with hard work, bei...
Jon Higgs
Seller Financing for Flip
I'm unusual on this forum -- a homeowner looking to sell to a flipper. Sometimes, after parents die, you just need to get out from under an old house that needs lots of work. Can someone with experience at this please...