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25 April 2024 | 15 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 househack, you can use conventional and the rules that I mentioned above will not be a concern.
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26 April 2024 | 44 replies
You can't just decide to go out and start lending money and call yourself something that keeps you from lending compliance.
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24 April 2024 | 4 replies
The delays are usually in non-compliance as the importance of compliance to building codes for new (and better) insurance in FL is very, very important.
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26 April 2024 | 21 replies
Hi Tori, Selling the property could trigger capital gains taxes, especially considering the significant appreciation.
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24 April 2024 | 5 replies
Rapport always beats out compliance enforcement.
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24 April 2024 | 5 replies
totally hear you, pre 2021 in knoxville was a totally different ball game. again depending on your goals and strategies, your expectations aren't unrealistic. some deals may require more of an investment to make the numbers work like one of my student rentals that was a full gut project and took nearly a year to complete yet it spits out 15% cash on cash returns annually and i purchased that late 2022. investing in general is a risky endeavor, it's all relative to ones own risk tolerance depending on their position. we try and make calculated risks and look to evaluate multiple exits before pulling the trigger, yet there is still some risk involved. maybe a reit or syndication is the way to go if you want to be in real estate yet don't want to take on the properties yourself. either way i'm happy to make some local connections.
29 April 2024 | 248 replies
So, I know more than you think about these syndicators.Read up - https://terms.law/2023/06/05/the-sec-compliance-process-for-...
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29 April 2024 | 168 replies
Judicial are ordered predominately HOAs and Condos, while non-judicial sales are triggered by Fulton Co Tax Commissioner.
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24 April 2024 | 5 replies
I'm also looking at properties in Alabama and Indiana, but haven't pulled the trigger yet due to personal complications.
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24 April 2024 | 9 replies
Seek advice from legal and tax experts to ensure compliance with local laws and tax obligations.