15 January 2025 | 5 replies
Quote from @Samuel Hudson: Hello friends I am new the market and recently bought a home in Weehawken 6 months backs .Its a three family home and we are currently doing renovations Right now.The rent leveling board told me that two units would have to follow a rent of 1650 for unit 1 which has three bedrooms and another unknown amount for unit 2 which they don’t have the information for .The previous seller I purchased the property from bought it as a tax lien .He has kept the property vacant for two years with no tenants before selling it to me .However ,the previous Owner he bought it from must have had tenants .I am putting in a lot of money into renovations and want some clarity on the situation I am in .The property has been vacant for the two years and currently still is as we are doing renovation .It would be really appreciated if anyone can assist me on what information needs to be provided by from the previous seller for me to be able to set the rent based on the market value .Thank you .

17 January 2025 | 5 replies
2nd home loan How did you add value to the deal?

28 January 2025 | 19 replies
these investments will either make sense for you and your family's financial situation, or they won't.

22 January 2025 | 8 replies
Depreciation Benefits via Leverage: While you can't claim depreciation personally on IRA-owned real estate, SDIRAs can use non-recourse loans to purchase property.

15 January 2025 | 15 replies
I’m unfortunately in the same situation.

19 January 2025 | 2 replies
., the appraisal for 5+ is at least $2k-$3k) and the financing structure by lenders because Fannie/Freddie don't generally buy loans for commercial properties.So, for you personally, the biggest driver for the type of your next property is probably going to be the amount of a down payment/equity you can put in the property.

15 January 2025 | 11 replies
I have gotten a few loans through Kiavi.

25 January 2025 | 6 replies
Most non-FHA loans will require at least 15% down but you'll have to have amazing credit.

15 January 2025 | 7 replies
This was the kind of situation where most people would turn around and walk away, but not us.

17 January 2025 | 3 replies
Today I had a new situation and obviously can't advise on tax/legal matters, but hoping to get some insight from the community.Managing a property for a client who divorced her domestic partner last year.