
27 June 2024 | 1 reply
The last rental I posted, I had a woman apply and found out she had stolen someone’s identity when I was working through the background.
27 June 2024 | 2 replies
This means the entire IRA amount is deemed distributed, and an early withdrawal penalty of 10% is applied to the ENTIRE amount of the IRA.

27 June 2024 | 10 replies
The 10 financed properties rule is ONLY applies to when you are applying for a conventional loan.

26 June 2024 | 10 replies
Most of those lines of credit start with 12-18 months of 0% APR, and the idea is that you can just apply for new cards once that introductory period is up.

27 June 2024 | 7 replies
Not sure how you get proof of no bite history, but if your insurance company doesn't have problems with either breed, go for the first candidate who applied and was qualified.

28 June 2024 | 12 replies
If you do not understand how NOI and cap rate determine value, learn it even if in theory it only applies to commercial RE.If you flip, you realize the gain in the short term.

27 June 2024 | 13 replies
I agree with your assessment, and would apply your advice more broadly to all condos in the US.

26 June 2024 | 9 replies
This disclosure requirement applies on or after July 1, 2024.

27 June 2024 | 8 replies
It is true that does not apply to investment property, but what happened was that first time home buyers that did not qualify for a home loan were trying to circumvent that Dodd Frank rule by saying "oh, this is a rental property" (wink wink) and then move into it...basically creating a no-income verification loan.

26 June 2024 | 8 replies
That being said, income limits will also apply when exploring the USDA loans.