
13 November 2024 | 6 replies
I would be interested though in hearing about your connection with manufactured homes.

13 November 2024 | 3 replies
Quote from @John Herold: Hello all, what are some best practices for LVP floor installation for a manufactured home on a permanent foundation?

18 November 2024 | 3 replies
You can finance the purchase of an investment property in an IRA, but you must use a non-recourse loan, which typically requires a 30-40% down payment.

20 November 2024 | 10 replies
Typically most lenders will require a minimum loan amount of $100k and a minimum AS IS value of $100k for a fix and flip loan.

20 November 2024 | 9 replies
My plan is to give them a 60 day notice (GA requirements) of termination of their M2M lease agreement and they will need to renew with a written lease or vacate in 60 days...

19 November 2024 | 0 replies
You are also required to materially participate in all of your rental activities.

19 November 2024 | 23 replies
Create a simple spreadsheet or written list to compare the features of each and identify the ones that align with your requirements.

19 November 2024 | 5 replies
I have seen instances where a 1031 exchange was not required such as1) The overall gain from the sale of the investment property was very small or even negative2) The taxpayer had enough passive loss carryforwards to offset the gain.A 1031 exchange is a very powerful tool put it has to make sense before going forward.

18 November 2024 | 16 replies
@Philip Jones we've helped our clients do over a hundred.As some of the lenders posting have pointed out, the challenges are:1) Property value and corresponding loan size2) Appraisals have much better comparables than 5 years ago, but may still be an issue.3) Property condition can be an issue via the appraisal4) Ownership seasoning - most lenders looking for 6+ months or incredible documentation for cost of improvements made.5) Most DSR lenders require professional property management.Always try a small local bank or credit union, but most will expect you to transfer your business bank accounts over to them.

17 November 2024 | 9 replies
Nothing more needs to be done.Some MLS systems require the signed withdrawal or you can get fined as an agent.The MLS where he is talking about has zero power over this.He is using a form of the association of which Im the President-Elect.