
21 June 2024 | 8 replies
I do think in this instance, you may want to try a local CU if you have an easy time qualifying for conventional financing

22 June 2024 | 17 replies
However, older instances are to be considered more holistically, suggesting a more lenient approach to past financial or rental difficulties as time passes.Exemptions and Protections:Certain properties, particularly older houses that cannot easily be brought into compliance with current codes, are exempt from some source-of-income rules, acknowledging practical limitations in applying these rules universally.Landlord Liability:The ordinance provides protections for landlords in terms of reliance on third-party information to reject a tenant, mitigating potential legal risks associated with tenant selection processes.Fair Housing and Legal Compliance:All considerations of prospective tenants' applications must align with fair housing laws and other state and federal legislation, reinforcing the ordinance's compliance with broader legal standards for housing discrimination.

22 June 2024 | 8 replies
I have read that in some instances, the mortgage company will use its due on sale clause, so that makes me a little hesitant.

20 June 2024 | 33 replies
Another one of my clients had done extensive review of the FIG opportunity several months ago, and walked away before I met him.

20 June 2024 | 1 reply
Unless the home seller / buyer has extensive experience in real estate THE HOMEOWNER SHOULD NOT DO ANY REAL ESTATE TRANSACTION UNLESS HE UTILIZES THE SERVICES OF AN EXPERIENCED REAL ESTATE ATTORNEY.

20 June 2024 | 14 replies
I’ve had a few instances where I’ve felt a lack of respect due to being a female and on occasion due to being younger than my tenants but for the most part it’s never been an issue.

20 June 2024 | 20 replies
I have been using deal machine, and it has pretty extensive contact info on each property.

20 June 2024 | 10 replies
Negative cash flow is not something I’d be okay with, but I know there are some instances where people are okay with taking a small hit for a big pay off with the appreciation (and hopes that the rent will go up).

20 June 2024 | 3 replies
I believe a profit-sharing plan has a trustee and the trustee transacts business on behalf of the plan and by extension on behalf of the plan participants.

22 June 2024 | 21 replies
But if you could get them to agree contractually to a 60 day close with another 30 day extension if needed.