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13 October 2024 | 23 replies
This is exact kind of common sense and creative underwriting we practice.
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8 October 2024 | 5 replies
I believe I can utilize a 203(k) loan for the refurbishment.
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8 October 2024 | 4 replies
I have the 2 units already done with separate entrance (utilities are not separate).
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10 October 2024 | 24 replies
Usually this means that the tenants have to provide access (within reasonable common notice), have to cooperate in access to make repairs (if they don't they would be liable for any additional damage caused by delay in repair), and subject to paying for a locksmith because you had to change the locks because they wouldn't give keys or provide access.
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11 October 2024 | 7 replies
Below is a list of the most common record statuses and their meanings: Deed: This document shows the transfer of ownership from one party to another.
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7 October 2024 | 4 replies
The reality is that the Gross S8 Rent amount on an S8 voucher includes all utilities.
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10 October 2024 | 9 replies
Hey everyone,My name is Hadar Cohen, and I'm a new foreign real estate investor.I recently received a loan of $120,000 in my home country at a 6% interest rate, giving me the full amount needed to purchase a property in the U.S.I understand that it’s common practice to finance a property by taking out an 80% loan from a hard money lender at around 11% interest.
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9 October 2024 | 5 replies
They continue to roll over until they can be fully utilized, either by offsetting future rental income or when certain events occur (e.g., your income drops below the threshold or you sell the property).If you sell the property, the accumulated passive losses are released.
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11 October 2024 | 56 replies
I feel like one thing that I commonly hear when someone is house hacking and fixing up the place themselves is that it always takes longer than expected.