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27 August 2024 | 2 replies
You can count up to 75% of the rental income from each unit BUT you have to pass the FHA self sufficiency test.The FHA (Federal Housing Administration) Self-Sufficiency Test is a guideline used for evaluating the eligibility of borrowers looking to purchase multi-unit properties (specifically, 3- or 4-unit properties) with an FHA loan.
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24 August 2024 | 1 reply
It's forcing landlord to pay for other people's medical conditions.We all know about Biden administration's eviction moratorium, which was defeated in court.
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24 August 2024 | 6 replies
This could lead to friction during the application process or deter some potential tenants.Increased Administrative Work: Requiring multiple applications per household increases your workload, as you'll need to process more information, run additional background checks, and review more documents.
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25 August 2024 | 57 replies
If they confirm the complaint, they would turn it over to an administrative judge for ruling.
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23 August 2024 | 1 reply
You can hire a local real estate agent, contractor, or even a fellow wholesaler.Virtual Assistants: Consider hiring virtual assistants to handle administrative tasks like data entry, lead generation, and follow-up calls.
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22 August 2024 | 1 reply
And, as you might have guessed, the cost and administrative work is about the same as forming in New York.
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19 August 2024 | 4 replies
I also have a degree in Business Administration with a major in marketing and minor in management.Hoping to start in furnished rentals in the Fort Lee area of VA for military students.
21 August 2024 | 182 replies
What has the current administration done over the past 4 years to improve things in this country?
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21 August 2024 | 7 replies
Separating Y and taxing it as an S Corp could be beneficial if you're looking to take advantage of those tax savings, but only if Y's profits justify the additional administrative burden.Rental Agreement for Home Office:Yes, you can lease your home office space to your LLCs, but it’s crucial to keep everything documented and ensure the rent charged is fair market value.
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19 August 2024 | 4 replies
@Kent Kettell Since you are asking specifically about rehab lending the construction loan administration is most critical.