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12 July 2016 | 16 replies
Once you have an FHA loan you are not allowed to have another FHA loan unless relocating a great distance for work.Now that you have exhausted your Low Down Payment Options (Portfolio Conventional and FHA Conventional and FHA) you will need to use a Standard Conventional Loan and put 20% down to get your 3rd Duplex.The sky is the limit...you could continue to buy properties and build an empire or just stop there and enjoy more free time...I have friend who quit his job and just manages his properties now.Keep in mind that this 4 step process I outlined takes time (anywhere from 1 to 10yrs depending on the person) so keep the big picture in mind but don't let it stress you out too much.
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21 May 2016 | 9 replies
I would agree with Greg on asking the neighbors for that one.For your value question, if the perc test and well questions check out, you can use Redfin to get a more precise value for your land according to a process outlined by Seth Williams in this Article.Let me know if these links help you out.
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3 October 2017 | 6 replies
You become licensed in limited practice of law as outlined in the course, but as far as I know that does not include wholesaling.
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17 May 2016 | 4 replies
The catch was that there was no cap outlined in the partnership agreement and the fee was going up each year sine the 80s...
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22 May 2016 | 9 replies
My options are as I outlined above.I have not listed it yet on VRBO or Airbnb because local vacation rental specialists have advised me that I cannot likely rent it for enough to cover all those expenses, especially as we now heading to our off-season when temperatures will be 110° or greater
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24 May 2016 | 17 replies
You need to ask for an estoppel letter from the HOA, typically via the attorney, which outlines the unpaid dues along with all the other junk attorney fees.
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23 May 2016 | 10 replies
@Jim Adrian I check both my county and state and no restrictions are outlined in the law for pet rent.
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24 May 2016 | 9 replies
When my girlfriend moves in she might pay 280 and then I will be saving for my next duplexKeep in mind that this 4 step process I outlined takes time (anywhere from 1 to 10yrs depending on the person) so keep the big picture in mind but don't let it stress you out too much.
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15 July 2016 | 9 replies
@David ThompsonHello David,Thanks for your detailed response and an education outline!
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7 June 2016 | 3 replies
JWSDisclaimer: Nothing outlined above shall be relied upon and/or considered legal advice.