For sellers, this means that setting the right price from the start and presenting your home beautifully are more crucial than ever.Time is also a factor to consider, with the median time to contract rising to 35 days—a 59.09% increase from last year.

I dropped the rental rate last week and it is now below market rate but there are currently lots of active rentals on the market.

We are mainly active in the Barcelona/Valencia and surrounding areas.

However, keeping personal and business finances separate is crucial to maintaining the LLC’s liability protection.

You should always be pro active and professional.

.$4,000 x 0.75 = $3,000Monthly Mortgage Payment: Assume the total monthly mortgage payment (PITI + MIP) is $2,800.Result:Since the adjusted rental income ($3,000) is greater than the monthly mortgage payment ($2,800), the property passes the FHA self-sufficiency test.Importance of the Test:The self-sufficiency test is crucial for borrowers looking to finance a 3- or 4-unit property with an FHA loan.

The Fall and Winter months typically see less activity than the Spring and Summer.

Also - I dont want to be tied to having to provide CHA housing only. is there a provision in Chicago area for those who are CHA authorized landlords, they can choose not to do that (even while actively qualified?)

If you want to have your own LLC for your own benefit or where every member is active, that is another story.Also agree with Chris that you should consult with an attorney.

PML depending on the time duration of the loan will either be passive or active income.