Roberto Westerband
First Lien HELOC Strategy
8 September 2024 | 168 replies
The math is easy, the 1st Lien Heloc, even at a higher interest rate, will out perform a traditional mortgage hands down with respect to gaining equity/wealth much faster, with no change in household spending habits.
Devid Brodsky
First-time home buyer. Is 600k too much on an 85k salary alone?
31 August 2024 | 22 replies
That would put you between probably $3500-4500 depending on dp, property taxes etc. 85k salary, let’s say you are taking on home 60k, like even with house hacking, you’d simply at best be extremely house poor, at worst would be challenged to afford the mortgage, the vast majority of people buying homes in our area at this point in the cycle for a variety of reason are dual income households, tbh for a single person making 85k a year, you are just much better off renting or moving to locol area if remote or hybrid.
Melissa Faraias
My rental won't rent. What are my next steps?
29 August 2024 | 43 replies
I do typically ask them up front what their household income is to make sure it will qualify as well as how long of a lease they want to do so as not to waste time with people that don't make enough or only want a 6 month lease.
John Leschber
Should I keep it or sell it
28 August 2024 | 4 replies
fha. 3.8% interest and Currently owe 450kMortgage $3,400.00Currently we are renting home out for $2,400 and taking a lossLiving in an apartment for $1700 making total living cost $2700 with the 1k for covering loss on home Household income 180k-200k Please help me figure out what makes the most sense in this situation.
Lara Stuart
Help! Trying not to commingle inherited funds within my trust for new LLC doing PML
28 August 2024 | 9 replies
I have been diligent about not commingle funds with my husband/household.
Christopher Lynch
Florida vs New Hampshire Short Term Rentals? ( Who Wins )
30 August 2024 | 29 replies
And under that definition, because there was no minimum time in the CZO for how long someone needed to occupy a structure to be considered "living" there, the court used literal dictionary definitions (standard practice in NH as can be seen in the similar case Working Stiff Partners v City of Portsmouth) to determine what constituted "living as a household" as it concerns STRs.The court explicity rejected the idea that this ruling should have larger implications for STRs around the state, and it certainly did not at all in any way prevent municipalities from regulating STRs.
Alex Silang
Anyone concerned about a pandemic sequel?
29 August 2024 | 20 replies
I remember the reports of the first cases coming out from Wuhan in December of 2019 ,and obviously since everyone knows there are only 4 comprehensive bio safety level four laboratories on the planet, Moscow, Paris, Fort Detrick-Maryland and of course Wuhan Institute of Virology, and given that there are over 100,000 small town with wet meat markets throughout China, one doesn't even have to ask the question "what are the odds?"
James S.
Construction loan/investment friendly lenders
27 August 2024 | 9 replies
I purchased a home three months ago that came with 3 households and plenty of land to build on for 288.
Ross Hayes
Pet Fees & Any different concerns for cats?
26 August 2024 | 10 replies
I did have one tenant ask what is an aggressive breed, and I had to google a comprehensive list because I didn't have it readily available.
Marquis Cobb
Sponsor for syndication
28 August 2024 | 32 replies
Develop a comprehensive business plan outlining your strategy, target market, and expected returns to present an attractive proposal.5.