Since Nassau County home prices are high, ensuring there’s enough room for profit after the flip is essential, especially considering the potential family dynamics and the costs involved.It’s definitely doable, but being upfront with the family and working with an estate attorney are key to making this work for everyone.

I wanted to know if you guys have software that can get that kind of information easily and efficiently.

They may have specific requirements for such a transfer to ensure you comply with your loan agreement.If you have any more questions, feel free to ask!

None of these are deal breakers but do take time and effort to ensure compliance.In your experience, is there any difference between Fannie and Freddie loans with regards to the ongoing reporting requirements for the borrower? 

The increases are not strictly about creating more profit for a Landlord, but rather more often than not, they are necessary to keep a property in good condition (including good financial condition), meet safety standards, and ensure a comfortable living environment. 

If a co-tenant moves out, it is YOUR responsibility to ensure the lease is updated. 

Even if the numbers look good now, ensure the local rental market can support your projected rents.

It's important to ensure that you can cover the HELOC payments from the income generated by the new property.

ensure taxes are calculated.

Please ensure your reservation is updated by logging back into your BiggerPockets Conference confirmation via GetRegistered.