7 October 2024 | 10 replies
The fha 100 mile rule will be triggered whenever you try to vacate your current primary and also trying to use the rental income to qualify.However, this 100 mile rule can be exempted for the following rulesRelocationIncrease in family sizeVacating a joint owned propertyNon-occupying co-borrowerIf you are not trying to use FHA on your 2nd house hack, you can use conventional and the rules that I mentioned above will not be a concern and will be exempted.

7 October 2024 | 7 replies
By last night and early this morning, I did suggest that they evacuate but that they could stay if they didn't have any other options (surge is my main concern, we are on the 18th floor so I don't think they will have an issue with that and we have Miami/Dade qualified hurricane protection)...BUT, I was very forthright that they would likely be without water and electricity and stuck on the 18th floor possible for some time.

6 October 2024 | 1 reply
What’s your biggest question or concern about diving into the market here?

7 October 2024 | 34 replies
Equity/appreciation is less of a concern for me, although it'd be a nice to have.

7 October 2024 | 3 replies
The major concerns to me are the roof, the hot water heater, and similar.
6 October 2024 | 3 replies
A strong labor market can lead to wage growth, which further fuels inflationary concerns, making the Fed less inclined to cut rates in the near term.However, many recent jobs reports have been revised downward after their initial release.

2 October 2024 | 9 replies
Here are my main concerns:Cash flow concerns: Based on my current mortgage and projected rent, I'd be looking at negative cash flow unless I refinance in a few years.

7 October 2024 | 4 replies
When I see this, it's concerning because.. why are so many decent looking homes in a "warm" market temperature on the market for two plus months???

7 October 2024 | 4 replies
Hey Marcus, It’s common for Qualified Intermediary (QI) agreements to have provisions that protect the QI, but some of the terms you’ve outlined do raise concerns.

2 October 2024 | 5 replies
Im about to close in on my first investment property, a large Single family home . For the landlord insurance, builder finance have given their quote of 1800/yr premium with 2500$ as deductible. I checked with State f...