David Cherkowsky
House Hacking with Basement Airbnb in Old Town Alexandria
2 January 2025 | 9 replies
You have a limit if it is an ADU.
Matthew C.
Advice on multifamily vacancy
13 January 2025 | 11 replies
Our manager also helped and encouraged us to limit our repairs/spending based on the area we are in and the type of property.
Nathan Harden
Expanding to Akron, looking for advice
17 January 2025 | 21 replies
North Linden, South of Main, Vassor Village, Woodland Park, MT Vernon, Milo-Grogan, Franklinton, Merrion Village, Hungarian Village, Southern Orchards, Driving Park, Olde Towne East, Franklin Park, King Lincoln, Old Oaks, Livingston Park are all but not limited to some areas in Columbus, Ohio I think will gentrify quickly and make for great long term buy and holds.This helps greatly.thanks!
Heather Bailey
Insuring your House Hack
13 January 2025 | 6 replies
For added liability protection, consider setting up an LLC for the rental, though this may have limited impact if the mortgage is in your name.This post does not create a CPA-Client relationship.
Account Closed
Non QM lending
9 January 2025 | 7 replies
I would recommend considering conventional financing until you reach Fannie Mae's limit of 10 properties, then consider either a portfolio loan, and start your race to 10 again, or look at DSCR at that time.
Cole Starin
Considering Property Sale
24 January 2025 | 5 replies
When faced with scenarios like this, it's tough to answer such a specific question with limited information.
Kin Lay
How to transfer my share of the house to my brother?
14 January 2025 | 5 replies
The transfer may trigger gift tax reporting if the value of your share exceeds the annual gift tax exclusion limit ($17,000 per recipient in 2023).
Alec Dressler
How to Determine Public Interest in a Potential Airbnb Property?
13 January 2025 | 15 replies
Off grid sounds cool to some, but it really limits your potential guest pool.
Zachary Kotiadis
*Using an FHA loan, can I move during the first year?*
17 January 2025 | 9 replies
HUD 4000.1 (I believe) is the latest HUD handbook and it goes over all requirements for originating the loan, including but not limited to occupancy requirements and exemptions.FHA occupancy : "At least one Borrower must occupy the Property within 60 Days of signing the security instrument and intend to continue occupancy for at least one year."
Elvon Bowman
New Investor looking to scale immediately
2 January 2025 | 8 replies
Our goal is to scale quickly and acquire as many properties as possible, with no upper limit on our ambitions.