Raj Tirur
Freddie Mac's Home Value Explorer
I tried to get a HELOC from a Credit Union and they gave me an appraisal based on the Home Value Explorer that was below what I thought I'd get. They list the comps they use and they were mostly much higher values th...
Vik Ari
condo inspection questions...pls help!
-does a condo require inspection? or does it require an outside inspection like structure etc.
-doesnt the association take care of structure and the owner owns the inside of the walls? What about termite inspection?...
Me Chan
Citi mortgage saying no to investors?
Has anone heard that Citibank no longer finances rentals?
My partnerapplied for an equity loan on a property about 6 weeks ago. The appraisal came in at $170K (I asked the appraiser to be conservative). I asked for $...
Eric M James
Real Estate Lending time
I been gifted with a multifamily apartment unit of 4. The property is mortgage free and clear in my personal name. Im looking to do a cashout/refinance w a subject to completion. Its bn over 30 days in the loan proces...
Jewel Coleman
BRRRR Method (How to Refinance)
Can some explain the Refinance portion of the BRRRR method? Do you have to document the upgrades you made? How does it work?
Tyrond Duplantier Jr.
Cash Out Refi with Delayed Financing St. Louis, MO
I closed on an investment property in St. Louis, MO late May 2019. I paid cash for the property and would like to do a cash out refi. All the lenders I've spoken with, 16 and counting, require a 6 month seasoning pe...
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