Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Logan M. Making Changes via HUD for Manufactured Homes?
14 March 2024 | 2 replies
That trend stopped after the 70's but manufactured housing was a major contributor towards creating stable affordable housing.If we want to tackle our housing shortage we need to get serious about it.Here is a quick summary of the HUD changes: HUD Actions for Manufactured Homes and Communities:HUD announces a comprehensive set of actions to increase availability and affordability of manufactured homes.These actions are part of the Biden-Harris Administration's Housing Supply Action Plan.Manufactured housing is a key component in the strategy to boost housing supply and reduce costs.Preservation and Reinvestment Initiative for Community Enhancement (PRICE) Program:HUD launches the PRICE Program, a $225 million competitive grant opportunity.The program aims to preserve and revitalize manufactured housing and communities.Funding supports repairs, rehabilitation, replacement of units, infrastructure upgrades, and community resilience.Available to states, local jurisdictions, tribes, nonprofits, community development finance institutions, and other eligible entities.FHA Draft Policy for Manufactured Home Communities:FHA posts a draft policy to solicit public feedback.The policy aims to promote stability and affordability for individuals and families in existing manufactured home communities.Allows resident-owned cooperatives and mission-oriented borrowers to access FHA-insured financing for purchasing or refinancing.Updates to FHA's Title I Manufactured Home Loan Program:HUD announces updates to FHA's Title I Manufactured Home Loan Program.New methodologies for calculating loan limits to align with current market pricing.Expects the new loan limits to incentivize more lenders to participate and expand program usage by buyers of manufactured housing.Annual Recalculation of Title I Loan Program Limits:FHA will recalculate Title I loan limits annually to keep pace with home price changes over time.This ensures that the loan limits remain aligned with market conditions.Ginnie Mae's Title I Loan Securitization Program:Ginnie Mae takes steps to reinvigorate its Title I Loan Securitization program.Revisions to financial eligibility requirements for Title I Issuers to reduce barriers and increase lender participation.HUD's Ongoing Support for Manufactured Housing:These actions build on HUD's continuous efforts to support manufactured housing.Earlier actions include a proposed rule for the Community Development Block Grant (CDBG) program emphasizing the needs of manufactured housing communities.Recent Updates to CDBG Notice:HUD updated the CDBG in Support of Housing Activities notice to allow the use of funds for acquisition of manufactured housing units, services to homeowners, and investments in infrastructure and resilience for manufactured housing communities.
Noir Klaus How to calculate mortgage/interest/property tax for rental property?
14 March 2024 | 2 replies
I followed code 527 of IRS and used per sq ft price to assign purchase price to both houses. https://www.irs.gov/publications/p527#en_US_2023_publink1000...Then I calculated percentage for each house based on sq ft.
David Doherty Land with only access through ROW
14 March 2024 | 6 replies
I don't know the laws of New Hampshire but most property law prohibits land locking property, meaning all parcels must have some form of legal access from public space to the property, whether through a permanent right of way, narrow deeded entry, or something similar. 
Christopher Martin Hard Money Lending
14 March 2024 | 11 replies
I have substantial capital in the public equities markets and would like to diversify my investments, so that is the reason for wanting to do this. 
Patrick Patel Purchasing an HOA Foreclosure
14 March 2024 | 20 replies
I'd certainly never brag that I was doing it on a public board.
Ethen Royal Reporting evictions on a tenants credit report
14 March 2024 | 6 replies
@Ethen Royal you can't report the eviction to the credit bureaus.Companies doing background screenings pull evictions from public court records.You will need to get a money judgment through the courts, which should automatically be added to their credit record via a similar process.
Vikranth Biradar Good Locations for an Airbnb in Central California
14 March 2024 | 4 replies
But still  the best data available publicly.
Pamela Holmes Alabama Tax Deed Property
15 March 2024 | 117 replies
The newspaper publication fees can be $200 to $1,000, depending on how long the legal description  of the property is.
Tyler Underdahl New lender question???
14 March 2024 | 13 replies
Lending to a flipper is much riskier and carries a much higher risk premium than owner-occupied loans, which currently carry a National Average according to unbiased publication Mortgage News Daily, of 7.13%.
Sunny Karen Slow scaling with cash or faster scaling with mortgages?
14 March 2024 | 11 replies
Public markets have income funds that were doing about that for at least the 15-20years before the fed raised rates...Anyway, this is supposed to be a real estate investing forum...