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20 October 2024 | 3 replies
On the last day of my option period, after considering all of my exit strategies and considering different lenders, the only way I could make this deal pencil out at the previously agreed price was to push the closing back by 11 days.
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18 October 2024 | 0 replies
What's Up With Real Estate and Interest Rates?
The Fed cut rates by 50 basis points on September 18, initiating a new loosening cycle. Since then, average 30-year mortgage rates have RISEN by 50 basis points to aro...
21 October 2024 | 2 replies
However, your credit could also be impacted if you're co-signing or jointly applying for the loan.Regarding the funds, lenders usually require that the down payment funds be seasoned, meaning they need to be in the account for a certain period, often 2-3 months, to ensure they are not borrowed.
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21 October 2024 | 10 replies
Is it possible to get the updated link or have the info sent to me?
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21 October 2024 | 2 replies
But there seems to be a lot of sellers testing the market, listing high even with updates needed, and not many of those are interested in negotiating realistic numbers, just seeing if there are buyers still willing to pay too much.
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21 October 2024 | 3 replies
However, bonus depreciation doesn't apply abroad; instead, the Alternative Depreciation System (ADS) with longer periods is used.The Short- Term Rental Loophole Explained (biggerpockets.com)
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19 October 2024 | 16 replies
I’ve updated my listing to remove the reference to the fee and selected the paid parking amenity but I’m not convinced that they won’t delist my properties in the next 7 days.
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22 October 2024 | 17 replies
Reply back was that would work, we raised the interest rate slightly and I paid for the attorney fee to update the note, which was only a few hundred dollars.Just a thought!
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20 October 2024 | 15 replies
LTR is more plausible but often HOA requires primary residence for a period of time before renting it.
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19 October 2024 | 0 replies
It seems to be in good shape, with updated electrical, mechanicals, and roo.