Steve Paczesny
2nd appraisal lower than purchase price (1st was higher)
Hello,
I'm in escrow on a foreclosed duplex with Freddie Mac, this is my first property.
Initially they were asking 95k, then dropped it to 85k after it was on the market for 30 days. I offered 78.5k, and they coun...
Rich Hupper
Qualifying for a multi family investment loan
HelloI am having a hard time understanding how one person can own multiple rental properties that are leveraged. To get the loan for the first property the loan officer is going to require you bring in a 20 to 30 perc...
Lenin Belangonda
home value between 2 appraisals within 2 months
HiI bought a REO property using conventional financing. The appriasal came over the sale price but its still lower than the market value. This is not an issue for current purchase. But if Iam selling it, say within 2 ...
Nakoa Gardner
Hello from Sunny California
Hi everyone, my name is Nakoa and I'm excited to be here learning and growing with you! A little about me:- I am a runner and also former boxer (don't count me out yet, there could be a comeback!)- I have a great cor...
Ben Smith
Incoming Direct Marketing Response Word Tracks
I know this is a total long shot...I've been in sales for a decade so I really don't have a problem with talking to people at all. In person or over the phone. The reason my sales skills improved over the years is I h...
Robert Kriedermann
Investor trouble getting owner occupied loan for the purchase of a home to move into.
I'm trying to get a purchase loan to occupy a single family house but because I'm a self employed real estate investor, I haven't been able to get banks to lend. I have a great credit score and can put a lot of money ...
Michele G.
Assisted Living Facilities in SFHs
While I have been looking for properties I have come across several SFHs that have Assisted Living Facilities operating out of them. I had didn't realize this was a trend. Some of the listings say the ALF is a tenant ...
Josh Liang
Recommendations on First Location to buy in NOVA
Hi all,I am based in the DMV NOVA area. My budget is 200-300k and the areas I'm looking at buying in are:SpringfieldBurkeWoodbridgeDale CityStaffordI was wondering if anyone had any thoughts or recommendations on thes...
Sam Kay
Survey: Best LTR Property Management Online Portal
Small long-term rental portfolio of <10 doors. What is everyone's favorite Property Management Portal? :-)
Audrey Easton
First time home buyer financing in Atlanta
Hello everyone!
I am looking to buy my first house! I live in the Atlanta area and I am planning on doing a house hack to help me get started investing. I understand that I can probably get an FHA loan since it is my...