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29 February 2024 | 4 replies
Likewise, Garn St Germain Act also comes into play here (that's a federal law).So, if you want to go down the rabbit hole some:1.
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1 March 2024 | 18 replies
I know some people online say that the government covers repairs but I haven't seen that in any of the documentation and from what I've heard from fellow investors that is a lie.
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29 February 2024 | 9 replies
Depending on the size/value of your property, you may also want to consult a tax consultant regarding how to maximize your federal tax benefits and what can be expensed.
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29 February 2024 | 15 replies
While Federal law prevents prepayment penalties, the lender and loan officer are on the hook if your loan is extinguished in 6 months (tehcnically 6 payments).
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1 March 2024 | 140 replies
The government is paying people and companies a premium to not invest.
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1 March 2024 | 13 replies
Also, DSCR would not be allowed on your own primary home. 25% down is pretty steep for any loan type...that's why we want those "government" loans - less down.
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29 February 2024 | 7 replies
probably a felony, definitely penalties because you’ll be lying to the MA and the NH state government.
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29 February 2024 | 2 replies
Here's a brief overview of the key steps, legal requirements, and factors that can impact the timeline.Steps involved in an evictionThere are usually several steps involved in the process of evicting a tenant, beginning with issuing a notice to the tenant to vacate the property, followed by filing a lawsuit, and culminating with the physical removal of the tenant and their belongings from the premises.Legal requirements and timelines for each stepEach step is governed by specific legal requirements and timelines.
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28 February 2024 | 2 replies
Additionally, it can help maximize renovations and improvements.A Cost Segregation study is an IRS approved federal income tax tool that increases near term cash flow by utilizing shorter recovery periods for depreciation to accelerate return on investment.
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28 February 2024 | 2 replies
HUD specifies that RVs are not to be used as permanent residences and I believe that is mandated by law at a state and federal level.