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Results (10,000+)
Eric Fernwood What Makes An Investor Agent
15 March 2024 | 3 replies
When they find an investor realtor who can provide the full range of services they need, they are quick to share with their friends and colleagues.What An Investor Agent Should ProvideBelow is a diagram showing the major solution components an investor requires and who, in the investor’s team, is responsible for delivery.
Logan M. Making Changes via HUD for Manufactured Homes?
14 March 2024 | 2 replies
That trend stopped after the 70's but manufactured housing was a major contributor towards creating stable affordable housing.If we want to tackle our housing shortage we need to get serious about it.Here is a quick summary of the HUD changes: HUD Actions for Manufactured Homes and Communities:HUD announces a comprehensive set of actions to increase availability and affordability of manufactured homes.These actions are part of the Biden-Harris Administration's Housing Supply Action Plan.Manufactured housing is a key component in the strategy to boost housing supply and reduce costs.Preservation and Reinvestment Initiative for Community Enhancement (PRICE) Program:HUD launches the PRICE Program, a $225 million competitive grant opportunity.The program aims to preserve and revitalize manufactured housing and communities.Funding supports repairs, rehabilitation, replacement of units, infrastructure upgrades, and community resilience.Available to states, local jurisdictions, tribes, nonprofits, community development finance institutions, and other eligible entities.FHA Draft Policy for Manufactured Home Communities:FHA posts a draft policy to solicit public feedback.The policy aims to promote stability and affordability for individuals and families in existing manufactured home communities.Allows resident-owned cooperatives and mission-oriented borrowers to access FHA-insured financing for purchasing or refinancing.Updates to FHA's Title I Manufactured Home Loan Program:HUD announces updates to FHA's Title I Manufactured Home Loan Program.New methodologies for calculating loan limits to align with current market pricing.Expects the new loan limits to incentivize more lenders to participate and expand program usage by buyers of manufactured housing.Annual Recalculation of Title I Loan Program Limits:FHA will recalculate Title I loan limits annually to keep pace with home price changes over time.This ensures that the loan limits remain aligned with market conditions.Ginnie Mae's Title I Loan Securitization Program:Ginnie Mae takes steps to reinvigorate its Title I Loan Securitization program.Revisions to financial eligibility requirements for Title I Issuers to reduce barriers and increase lender participation.HUD's Ongoing Support for Manufactured Housing:These actions build on HUD's continuous efforts to support manufactured housing.Earlier actions include a proposed rule for the Community Development Block Grant (CDBG) program emphasizing the needs of manufactured housing communities.Recent Updates to CDBG Notice:HUD updated the CDBG in Support of Housing Activities notice to allow the use of funds for acquisition of manufactured housing units, services to homeowners, and investments in infrastructure and resilience for manufactured housing communities.
Justin Yun How to Optimize Current Portfolio
14 March 2024 | 3 replies
What is my reservesamount that I need in case of unexpected capital expenditures?
Sole Angel What’s a minimum amount of money to start?
13 March 2024 | 10 replies
While the minimum amount gets you started, having some extra money is helpful for a bigger down payment, dealing with unexpected fixes, and handling costs when there's no tenant.
Willie Creear III Mid-Term Rental Strategy: Rent By Room
14 March 2024 | 9 replies
To prepare unexpected expenses, you should have saved some cash to handle the cases.
Vasudha Chaudhary Lehigh Acres - Renttoretirement (RTR) projections were a scam
13 March 2024 | 8 replies
Along with supply demand which is an integral component of real estate investing ..
Julio Gonzalez The Benefits from Cost Segregation on Opportunity Zones
12 March 2024 | 0 replies
For newly constructed, purchased or renovated properties and also retroactive generally over the last 10 years, building components are properly classified into individual units of property and accurate recovery periods for computing depreciation deductions.
Lewis Finney Initial primary residence, then long-term rental...maybe?
14 March 2024 | 18 replies
Key components in risk are demand, population growth, wage growth, market stability.
Evette Richardson First successful flip
11 March 2024 | 1 reply
We were in and out even with a few unexpected problems.
Kevin S. What would you do?
12 March 2024 | 75 replies
This strategy requires a solid financial buffer to handle the negative cash flow and any unexpected expenses.