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14 December 2024 | 6 replies
Here are the common exceptions:Relocation for Work: If your job requires you to move a significant distance from your current property (usually over 50 miles), you may qualify for a second FHA loan near your new workplace.Increase in Family Size: If your household has grown, and your current property no longer meets your family’s needs, you may qualify for a second FHA loan to purchase a larger home.Co-Borrower Separation: If you co-signed on an FHA loan and are no longer living in the property (e.g., after a divorce or separation), you may qualify for a second FHA loan for your primary residence.Non-Occupying Co-Borrower: If you were a co-signer but did not occupy the original property, you may qualify for another FHA loan as the primary borrower.Important Note: FHA guidelines typically require you to demonstrate that the current property will not meet your needs or is no longer feasible as your primary residence.2.
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18 December 2024 | 15 replies
WA is not a landlord friendly state, but if you are going to invest in WA, the eastern side has some hot spots like the tri-cities area that may yield good cash flow and appreciation and still be close enough for you to go there when you need to.
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16 December 2024 | 1 reply
However I have had to replace some major appliances recently which had put my in the defecate and added to my motivation to sell (Hot water heater, two refrigerates and a washer/dryer).
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30 December 2024 | 103 replies
It's a hot market for eyeballs because of cash flow, but a lot of new OOS investors don't know what they are getting and where and how to manage it.Thanks, Jonathan.
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18 December 2024 | 11 replies
Kit showers or tiling, or tiling the shower (hot mop or tub shower then tile the rest) all are different3) what is the cost to renew the floor with a LVP?
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10 December 2024 | 2 replies
I've developed, use with all my coliving properties, and teach HPM (household-led property management).
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18 December 2024 | 12 replies
We hope to have a redo photo shoot in the spring and add some outdoor amenities like a hot tub.
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16 December 2024 | 13 replies
Finally, you post that your market is super hot for buyers, but then you don't mention what market you are referring to.
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17 December 2024 | 20 replies
US population growth slows and fewer new households form, which is probably not great for RE investors; and 2. the Social Security trust fund runs out.