Harsh Shah
Options for fire damanged rental property
31 January 2025 | 5 replies
Very few non-owner occupied property policies guarantee full replacement cost - they typically provide replacement cost up to the dwelling limit purchased.
Luis Fajardo
Fannie & Freddie Privatization: Key Insights for Investors
7 February 2025 | 0 replies
Additionally, the transition process itself could create uncertainty in the market, making long-term planning more difficult.Opportunities for Private Lenders & Alternative FinancingWhile some investors may face challenges, privatization could create opportunities for private lenders and non-bank financing options.
Lindsey Matejak
Chicago Lease New Flooding Disclosure Questions
7 February 2025 | 8 replies
If I have a garden unit in a Zone X (non-flood zone) that experiences some hydrostatic pressure seepage on those huge rain events, does this qualify as flooding?
Cosmo DePinto
Section 8 and DSSCR Loans
1 February 2025 | 7 replies
Most lenders will use the lower of actual rents vs market rents regardless of section 8/non section 8.
Nicholas Stout
Landlord getting into section 8 rentals. Any Tips?
18 January 2025 | 19 replies
They don't communicate well, don't take responsibility for their actions, do not clean or maintain homes well, and will shaft you when it's time to leave.Other than that, it's a pretty good system.
Makani Donaldson
How to be of use
3 February 2025 | 9 replies
Maybe an investor is flipping a lot of properties and you could offer to pick up and deliver materials to his crews, clean the work sites every night, bring his crew lunch, or whatever.Find a way to make yourself useful to them, and they will reciprocate.
Preet Oberoi
Tax benefit of STR/Tiny home - Will it work ?
6 February 2025 | 13 replies
Tax deductions / write-offs should be a second concern.There are some rules that you need to follow to treat a short-term rental as 'active'(non passive) income which would allow you to offset it against other forms of income such as rental income / wages.
Steve R.
Evicting tenant who's made partial payments. Do I need to give them 30 day notice?
18 January 2025 | 3 replies
If this is simply you not wanting to accept partial payments and the rent is current, stop accepting it - and send a Lease Violation/Notice of Quit for Non-Payment of Rent - and force the full rent to be paid per the lease or start eviction.
Curtis Cutler
cashing in 401k? rethinking retirement.
5 February 2025 | 10 replies
You can buy a rental house, put $60,000 down and you will have to get a non-recourse loan for the rest of the mortgage.
Zachary Myers
Seeking Recommendations for Multifamily Refinance Lenders
5 February 2025 | 2 replies
., 10-year interest-only options), and non-recourse structures.Competitive Rates: Recent transactions show rates ranging from 2.69% to 4.65% depending on LTV (55%–80%) and property type.Lender Specialization: Some lenders excel in specific areas:Greystone and Walker & Dunlop lead in Fannie/Freddie volume and large-scale refinancing.Arbor Realty Trust is praised for smaller-balance loans and flexibility.CREFCOA offers streamlined refinancing with 45–60 day closings and cash-out up to 80% LTV.HUD 223(f) loans provide 35-year fixed terms, ideal for stabilized properties.Questions for the Community:Have you worked with lenders like Greystone, Arbor, or Freddie Mac?