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6 August 2024 | 9 replies
Hey Carol, DSCR will not cover the rehab only the purchase and the home needs to be considered habitable to pass the appraisal.
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4 August 2024 | 5 replies
Several cities in Arizona such as Phoenix and Tucson have passed ordinances that say that a landlord must consider a voucher.
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10 August 2024 | 85 replies
What if you pass away and your estate is left with this property(s) to deal with?
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6 August 2024 | 15 replies
This allows us to by pass both of those issues and today's rates sit in the 7s for 30 year fixed (not a far cry from Fannie/Freddie at the moment).
5 August 2024 | 8 replies
For example, I mention that every adult must pay a $30 application fee, pass my credit/criminal background, make a combined income of 3x the rent, and whether or not the property accepts pets.
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6 August 2024 | 8 replies
Fannie and Freddie both require 12 months to pass from PURCHASE to take CASH OUT.
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4 August 2024 | 8 replies
For example in my area there are specific municipalities that have passed ordinances that prevent you from denying an applicant because they have a housing voucher (section 8).
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7 August 2024 | 32 replies
Are you able to take tax deductions or do you have to pass them forward due to income limitations?
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6 August 2024 | 14 replies
The reason you see a person’s name and all their entities listed in a lawsuit is because Plaintiff (the suing party) attorneys have to list everyone and every entity that can be remotely tied to a cause of action, otherwise, if enough time passes and through the legal process discover that a separate entity or just a person was truly liable and they didn’t name them in the lawsuit, they are out of luck.
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6 August 2024 | 24 replies
I used money from my business savings earmarked for starting a group home for my mentally ill nephew, who has been struggling since his mother's passing.