So im currently in the market to purchase my first rental property. Initially I planned to purchase a multifamily home through FHA 203K to rehab home and build equity in home while providing low downpayment of 3.5%Now...
Hello All, II am looking for feedback on two things;1)The 'concept' of getting a 'valuation adjustment appraisal' on our 3-way LLC that is made up of 3 SOLO401Ks that own rental properties and are currently NOT in 'th...
Was wondering if anyone could provide a brief summary of what all is involved when lending to a rehabber. I found one that I am interested in lending money to for his projects but do not know what all is entailed as ...
I posted our house for rent with a yard sign as well as Craigslist. I received a call from someone stating they are calling on behalf of a family that lost their house in a fire yesterday and was looking to find hous...
Hello All,
My wife and I are in escrow on our first home. We plan to live in and remodel over the next two years and sell in 2015 (or rent it, depending on the market). I'm not sure if it's standard practice to inclu...
Hello BP,
After reading a few books (BP's own UBG included.) to get started I have decided to take the first step.
I am a total newbie and but yet decided to start out by focusing on multifamily propert...
Service Release Premium (SRP)/ Overage
Profit Banks Hide from Borrowers
"Service Release Premium" (SRP) or "Overage" is profit that banks make when they sell a Borrower's...
It seems no matter how much attention I give to the gutters they are filled and the water is overflowing and doing damage. How often do you all clean the gutters, and do any of you use one of the gutter “no clean” ga...
Hello, thanks for reading. Currently looking for multifamily properties in MA, but the numbers are looking better out of state. Have funding and can find properties in markets that interest me. 3 things holding me bac...
Hey everyone, My name is Michael, I am currently a new Real Estate Agent in Alpharetta, GA. I became an agent with the eventual goal of buying rental properties and getting into flipping houses. I've been listening/...