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15 March 2024 | 4 replies
That's just part of the ride.For too long, I've been standing on the sidelines, wondering if I had what it takes to tackle this beast.
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15 March 2024 | 3 replies
The platform must align with investors' specific needs and preferences.Ultimately, the mission is to flip the script on prop tech and deliver a game-changing solution that tackles the pain points investors face head-on, empowering investors to reach their investment goals with confidence and ease.But here's the thing—we can't do it without investor participation.
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14 March 2024 | 2 replies
That trend stopped after the 70's but manufactured housing was a major contributor towards creating stable affordable housing.If we want to tackle our housing shortage we need to get serious about it.Here is a quick summary of the HUD changes: HUD Actions for Manufactured Homes and Communities:HUD announces a comprehensive set of actions to increase availability and affordability of manufactured homes.These actions are part of the Biden-Harris Administration's Housing Supply Action Plan.Manufactured housing is a key component in the strategy to boost housing supply and reduce costs.Preservation and Reinvestment Initiative for Community Enhancement (PRICE) Program:HUD launches the PRICE Program, a $225 million competitive grant opportunity.The program aims to preserve and revitalize manufactured housing and communities.Funding supports repairs, rehabilitation, replacement of units, infrastructure upgrades, and community resilience.Available to states, local jurisdictions, tribes, nonprofits, community development finance institutions, and other eligible entities.FHA Draft Policy for Manufactured Home Communities:FHA posts a draft policy to solicit public feedback.The policy aims to promote stability and affordability for individuals and families in existing manufactured home communities.Allows resident-owned cooperatives and mission-oriented borrowers to access FHA-insured financing for purchasing or refinancing.Updates to FHA's Title I Manufactured Home Loan Program:HUD announces updates to FHA's Title I Manufactured Home Loan Program.New methodologies for calculating loan limits to align with current market pricing.Expects the new loan limits to incentivize more lenders to participate and expand program usage by buyers of manufactured housing.Annual Recalculation of Title I Loan Program Limits:FHA will recalculate Title I loan limits annually to keep pace with home price changes over time.This ensures that the loan limits remain aligned with market conditions.Ginnie Mae's Title I Loan Securitization Program:Ginnie Mae takes steps to reinvigorate its Title I Loan Securitization program.Revisions to financial eligibility requirements for Title I Issuers to reduce barriers and increase lender participation.HUD's Ongoing Support for Manufactured Housing:These actions build on HUD's continuous efforts to support manufactured housing.Earlier actions include a proposed rule for the Community Development Block Grant (CDBG) program emphasizing the needs of manufactured housing communities.Recent Updates to CDBG Notice:HUD updated the CDBG in Support of Housing Activities notice to allow the use of funds for acquisition of manufactured housing units, services to homeowners, and investments in infrastructure and resilience for manufactured housing communities.
14 March 2024 | 4 replies
It’s important to consider your own skills and abilities when deciding which tasks to tackle yourself versus hiring professionals.When working with a general contractor, be sure to communicate your timeline and budget constraints clearly.
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14 March 2024 | 12 replies
The dilemma of rezoning is something that my sister and I are going to tackle together on future trips back to New Orleans.
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19 March 2024 | 323 replies
Start looking for deals, and whatever comes along, you should be prepared to tackle it.
13 March 2024 | 2 replies
How have some other Atlanta REI’s tackled this problem?
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9 March 2024 | 21 replies
I would highly recommend implementing this investment strategy first so you can dip your toes into real estate before trying to tackle a BRRRR deal.
8 March 2024 | 13 replies
Now, to tackle this, consider talking to a local mortgage broker in Wilkes-Barre Scranton.
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6 March 2024 | 6 replies
Good morning All,I hope all is well, I would like to share my issue with you all for some advise on how to tackle this problem.