I will study these two procedures and ensure I know which is being applied.

2) In a cash-refinance, let's say the new appraised value of the apartments is $1.8M, does this mean you can apply the $300k into the HELOC and not pay taxes?

So we are looking at purchasing a home (new primary residence) but we will be leasing back to the current owner for 120-150 days as the current build they are working on is being finished.I was told if I apply for a mortgage and disclose that it will not be my primary residence outside of 60 days from the point of contract that it will require a larger down payment and a higher interest rate.

If a tenant gets behind the property manager is supposed to pay the water out of the rent payments first then apply what’s left to water.

None of us like ultimatums or, "take it or leave it" offers either.It's better to offer them 2-3 options where you "win" no matter which they choose.Another great technique is to ask them an open-ended question(s) that gets them to see the challenge from your point of view.So, let's apply these to their requests:1) This is more common than you'd think.

I have a tenant that will be applying for renters insurance.

Leases stated that rent payments were applied to utilities first and rent second. 

My main questions would be: how long does the entire process take from applying to actually having possible tenants to start picking from, and how do they determine exact amount for rent (the amounts listed on the housing authority site seem way higher than market rent, I’m wondering if I will actually get those numbers or not)any other general tips or advice is also appreciated!

Good evening! I recently heard from a colleague that you can choose the Appraisal Management Company (AMC) used to obtain a mortgage from a bank. The idea is that if the AMC is familiar with you, they might favor a hi...

Hey Loren, Are you applying for a conventional or non qm loan?