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14 September 2024 | 1 reply
And will the same apply to a single family home ?
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14 September 2024 | 11 replies
In PA this does not go to an overage fund or surplus proceeds fund.. instead.. in an upset sale any amount bid over the minimum starting bid in the Upset Sale will be applied to liens against the property in order of position… since the min bid includes all municipal, back taxes and county liens.. then would it be correct to stated that this extra 10k would go toward the remaining Morgage amount (if applicable) IRS liens, cigarette and sales tax liens etc..?
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16 September 2024 | 8 replies
DSCR lenders might offer flexibility in fee structures, so it’s worth exploring whether they can streamline costs if you’re using the same lender for both transactions.If you take out $50k for the down payment on the second house, you can always tap into the remaining equity in the future, but doing so later could result in additional fees, as you’d likely need to refinance or apply for a second HELOC.
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13 September 2024 | 5 replies
Does the exemption apply to multi-unit properties since I will be living in one of the units?
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14 September 2024 | 3 replies
You can always include the cost of the land into a construction loan but if you purchased it already it can play in your favor.At the bank we do all of the work you basically apply for the construction loan and the Building department along with processing sets up the entire process.
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14 September 2024 | 14 replies
This tenant is under the impression that since the paper he signed when he signed his renewal didn't clearly state the sale clause that it doesn't apply.
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14 September 2024 | 4 replies
It’s really difficult as lease rules like 3 day eviction do not apply to section8.
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16 September 2024 | 16 replies
As work is complete, you can apply for draws and you'll be sent the money dedicated to the completed work.
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17 September 2024 | 26 replies
Most note investors are aware of SOLs but believe the shorter note SOL applied for both (myself included at one time).
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15 September 2024 | 19 replies
That’s great advice to evaluate the potential increased cash flow versus applying the extra money to a different asset.