Jack Glazer
Refinancing after a cash purchase
Hey All, About to make a cash purchase for $21K on a 2/1, and put about 100K into it. Comps in neighborhood for same size property range from 155-185. How does it work with refinancing (for BRRRR) on a cash purchase s...
Price Kenney
Buyer / Seller backend deals
New to this country, and new to RE. A seller has a house that he owes $100k on. The house is appraised at $130k. Can I (the buyer) legally and ethically negotiate a deal where I buy the property with a bank loan for $...
Carrie Pledger
Gold as reserves
I read a response on one of the forums that gold could possibly be used as reserves when buying. Does anyone have specific details and the documentation link that states this? I have gold coins that I am hoping to...
Damion Byros
How can I accurately determine market value
Hello everyone on Bp.My question today is how do I pull comps for houses and accurately figure out a house market value...also is there any other ways to pull properties comps besides the MLS . Thanks
Jeongmoon Park
Price after occupied foreclosure?
Hello,I am new... and have a question. A few days ago, there was a foreclosure duplex in an online auction, which also listed on realtor.com. It was fully occupied. Starting price was ~$39,000. I do not know what was ...
Greg Scully
Historic flip in progress.
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $119,000
Cash invested: $22,000
Appraised as is at 138K, ARV appraisal 400K - we'll see about that. Putting in 75-1...
Tyrell Jones
Deal analysis good or bad?
Hey all looking for some help and any feedback is appreciated.I’m looking at a single family for for 75k.Market value is estimated 69/70k ( my market is hot)Rent for the home is approx 950-1000 per month.My realtor su...
Tim Kappel
What are good local St. Louis lenders?
Looking for suggestions on St. Louis, MO lenders to work with that are REI friendly. Does anyone have any good suggestions? Ones to stay away from? I was going to start with the local Credit Unions.
Kevin Hurley
Refinance rental property
I have a rental property that I owned in Kansas City Missouri it’s fully rehabbed and I want to refinance it. When doing the refinance is there certain requirements that I have to meet and what are some other options...
Tim Ivory
What do these terms mean in detail : Value Information
I understand the Land and total market appraisal values. But what do they mean improvment value, what is the percentage referring to, and most importantly, what is the assessment? Is this the amount of work that needs...