
14 March 2019 | 14 replies
Keep in mind as I had seen on another thread the principal residence rule of living in the home for 2 of the past 5 years to qualify as 250k or 500k(?)

29 October 2017 | 16 replies
Farming operations have scaled correspondingly and what was the family farm of my grandparents is no longer sustainable ... in the areas where my parents grew-up, many "family" farms today are working 6 - 10 sections annually - a task that requires millions of dollars in capital equipment.There are also farmers who are specializing in organic and/or non GMO crops (both of which may require maintaining a wide border strip between their fields and their neighbours crops).There were (and likely still are) two principal ways of renting farm land in that area: a) straight rent per acre/quarter/section or b) a share cropping arrangement with the farmer working the land.

15 October 2017 | 6 replies
The living quarters of an accessory cottage dwelling (ACD) shall not exceed 40% of the living quarters of the principal structureor 1,200 square feet, whichever is less.

17 February 2018 | 11 replies
I'm looking for local Dallas/Fort Worth BRRRR opportunities as well as buying cheaper high yield turn-key deals in cash (50k-70k out of state houses yielding 12-15% in Indianapolis, Memphis, Pittsburgh, Detroit, etc)Here's what I'm considering: what if I apply my 50k of cash towards the principal of my home, immediately reducing the balance of my primary mortgage down to 112k.

10 October 2017 | 3 replies
They tend to be interest only, which give you the option of making a low minimum payment and paying back the principal at your discretion.

12 June 2018 | 20 replies
One went from principal paydown of $230/mo while a 30 to $1200/mo on a 15.

6 January 2019 | 10 replies
I have been marketing his off-market properties for over a year.SCENARIO #2 - Major seller/broker approaches me and wants me to sign NDA / CA as principal buyer.

5 January 2019 | 13 replies
I have only had the house for a little over a year so only ~$10k in principal has been paid off and I am not sure what the current value is.

3 January 2019 | 4 replies
You can make this transfer to a limited liability company (LLC), provided that "The mortgage loan was purchased or securitized by Fannie Mae on or after June 1, 2016, andthe LLC is controlled by the original borrower or the original borrower owns a majority interest in the LLC, and if the transfer results in a permitted change of occupancy type to an investment property, such change does not violate the security instrument (for example, the 12 month occupancy requirement for a principal residence).Note: The servicer must notify the borrower that a property transferred to an LLC must be transferred back to a natural person prior to any subsequent refinance application in order to meet Fannie Mae’s Selling Guide underwriting requirements."

10 January 2019 | 4 replies
Should the LLC pay me for the monthly payment and record the interest as expense and the principal as distribution?