Account Closed
Mortgage shopping best practices
Hi there,I got my first accepted offer on a multifamily that we're going to househack!I'm currently shopping around for mortgages and rates are all over the place so I would love to get some tips from the community*) ...
Account Closed
Selling a Duplex with Tenants Inside
So here is the situation.I'm working with an owner who lives out of state. His family (sister and her family) lives in this Duplex in Highland park CA. The owner wants to sell the property and called me today saying h...
Emily Berry
Including Repair Costs in Bank Loan If Property Appraises for Purchase Price + Rehab
Good morning, BiggerPockets Community.I am going to buy my dad's house for my first flip. Orignally, I was going to buy the house for $200,000 and use either hard money or a HELOC for the rehab costs. Then I thought I...
Marc Dufour
HELOC
I applied for a HELOC 4 months ago with a bank...still processing. Can I apply with a new bank in parallel or will it impact my credit score to apply for 2? How long does it typically take to get a HELOC?
At what tim...
Michael Elliott
Negotiating with Foreign Investor/RE Agent in Florida
Thought I would get some thoughts on the best way to present an offer to a Foreign Investor looking to sell their property in Florida. Which of the following do you think would work best (say the asking price is $925...
Todd Bailey
Down payment for multi-family
My fiancee and I are buying a multi-family. She has the down payment $ from the sale of her house, but I will take the mortgage in my name (credit score). A lender told me today that "gift" $ cannot be used as a dow...
Rahnesha White
Sewer Scope Findings- Advice please
I have my first property under contract and I did inspections and the sewer scope results are as follows. I don't know if this is considered a red flag for closing on this property and or if I should try to negotiate ...
Jin Zhang
Trees super close to house - should I walk away from it?
Hi everyone, I am looking at a place in Tampa FL which have trees super close to the house. I am worried that the trees could fall on the property due to hurricane or the root could hurt the foundation. Both of them w...
Andrew Gomez
New Construction Fourplex Deal Analyzation
Hey guys,Had a big update on my fourplex that I previously posted and got my official numbers. I just want to see if anyone else would go after this deal or if im just being played by everyone elseI preface this by my...
Andrew Adams
looking for some guidance
Hello! I'm a newbie in the Real Estate game. I'm looking for my first property, but I live in Southern Illinois. The properties are cheap for some of the single family homes and I'm just not sure if I can be profita...