Dylan Lineberger
How do people use FHA loans to buy multiple properties??
22 August 2024 | 2 replies
FHA has caught on to this trend & updated the guidelines to prevent people from abusing FHA financing.Here are the guidelines directly from the FHA Handbook:Policy Exceptions Eligibility RequirementsRelocation: A Borrower may be eligible to obtain another FHA insured Mortgage without being required to sell an existing Property covered by an FHA-insured Mortgage if the Borrower is: • relocating or has relocated for an employment related reason; and • establishing or has established a new Principal Residence in an area more than 100 miles from the Borrower’s current Principal Residence.
Chris Lee
Buying an unwanted tenant occupied single family home
22 August 2024 | 3 replies
In other words, you can file your eviction to get rid of the tenant, but you can't "abuse them" on their way out (very paraphrased).
Michael D Kaminski
How to Supervise my Property Manager?
23 August 2024 | 21 replies
As with anything you can find examples of PMs who abuse this, however, if its not blatant and excessive try your best to relax because I promise if you keep pressing that button you will be looking for a new Property Manager.
Shannon Reynolds
Fraud or no?
25 August 2024 | 57 replies
If the professional chooses to abuse this trust...is that not fraud?
Account Closed
Vice President Harris Announces Economic Agenda
21 August 2024 | 182 replies
It would be another government program that will be abused .
Renee Williams
Pace Morby’s Gator Lending - yay or nay?
19 August 2024 | 42 replies
Paydex profile, building a bus. score etc. and then getting Paydex 'funding' tied to LLC at 2-10% for 6 to 18 months -- SERIOUSLY?????...
Mateo Monsalve
Where to invest outside the US?
16 August 2024 | 10 replies
I'm not saying to invest in El Salvador (I haven't researched it enough) but I think property rights need to be protected in two ways; from arbitrary government abuse, but also from rampant criminality.
Daniel Kalam
How to Split Utilities in a Triplex
14 August 2024 | 6 replies
From experience, you definitely want electric and gas submetered as tenants will abuse a flat fee.
Sergio Diaz
Investing in Section 8 Detroit area
6 August 2024 | 20 replies
We manage almost 700 doors in Metro Detroit market, 92 are S8, so we are very familiar with the program.We've got some great S8 tenants, but also some not-so-great ones that abuse the program.PM us if you'd like to discuss the reality of using S8 effectively...
Chris Utter
My new Zillow account got Disabled. I am not sure why. Do you?
7 August 2024 | 26 replies
During this process ask them WHY they want the property (I've gotten answers such as "I just lost my job" "Im running away from an abusive Ex, etc.)3.)