
1 February 2025 | 14 replies
The Act specifically prohibits lenders from enforcing the due-on-sale clause when a residential property of less than five units is transferred into a revocable trust where the borrower is a beneficiary.2.

27 January 2025 | 4 replies
I'd estimate that there are less than 1,000 legitimate, or "professional" wholesalers, in the United States of America, as defined by individuals who make $100K flipping contracts, and collecting assignment fees, in any form, and who have made that amount of income more than 3 years in a row.

21 January 2025 | 4 replies
The answer is yes, but it is generally found when the owner is also living in at least one unit (aka "House Hacking").

21 January 2025 | 9 replies
I’d like to start off by house hacking a multi-family unit.

5 February 2025 | 16 replies
If the current tenant doesn't want to stay at that rate, the current owner has no problem with me replacing him with a new tenant.8-12% is the property management rate according to Google in my area, but I plan on managing these myself until I have an amount of units that makes sense to have my Realty Team manage it.Owner needs cash, which is why he is starting to sell off his assets.

26 January 2025 | 43 replies
The second case was a commercial property (an 8 unit multifamily in a complex of 6 individual 8 unit buildings), owned by a group of investors.

21 January 2025 | 11 replies
The law does NOT apply to landlords:With less then 5 rental unitsThat live in one unit of a duplex and rent out the other unitThat rent out rooms in the home they occupySo, landlords can no longer state in their rental ads, "Section 8 not accepted".The reverse is also true, "Section 8 only", cannot be used.We've always recommended screening S8 tenants the same way as cash-paying tenants.Landlords waiving application fees and/or security deposits only for S8 prospects may also be violating Fair Housing.

20 January 2025 | 23 replies
I am thinking I should use a DSCR loan. can anyone help me with this process Hi Diandre DSCR loans are typically meant for 1-4 unit Residential and 5-10 Unit Mulifamily/Mixed-Use.

10 January 2025 | 6 replies
Go to small local/regional banks NOT national ones.

14 January 2025 | 329 replies
Else, move to a smaller unit or take in an extra roommate.