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12 January 2025 | 25 replies
Those stilled cashflowed mostly due to insanely low interest rates.3) Investors started chasing Class C rentals in 2022 when Class B rental prices AND higher mortgage rates didn't allow cashflow at purchase.4) Investors are now chasing Section 8 tenants as the cure-all for Class C tenant performance issues, so their Class C properties ACTUALLY cashflow.
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6 January 2025 | 7 replies
He was more expensive because now I gotta pay someone else to fix it.But here's the other side of the license issue.
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23 December 2024 | 1 reply
Compliance states there is no way to remediate this unless a new file is created. lender credit is 6900 which is the seller concession and no COC can be issued for “incorrect” lender credits.
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8 January 2025 | 38 replies
I think communication seems to be the issue here especially with your comment on how the PM is unresponsive.
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9 January 2025 | 2 replies
The issue we are running into is that lenders are not recognizing the excess amount he earns as income, therefore it looks like he will not be able to afford any loans that he would be approved for.
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8 January 2025 | 33 replies
Another one was seller-financed for a few years before refinancing into a conventional loan around 2018, again no issues until this year.
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20 January 2025 | 31 replies
None to be recommended.They are all alike.Have to get refunded for my fees and it has been more than a year and still have to taggle for them to re-issue me another check.They are very sloppy.
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8 January 2025 | 6 replies
Had an issue with trying to self-permit a build a few years back that was an HPR but had an "A" and "B" designation.
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9 January 2025 | 2 replies
Of course when doing the 1031 exchange your basis will carry forward into your replacement property.Where you have a potential issue is establishing your intent to hold those properties but immediately selling one or more them as soon as you have them ready.
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25 January 2025 | 26 replies
Getting them all I same room however would be an issue.