
29 June 2019 | 17 replies
Hey brother,Sounds like you are looking for BiggerPockets Podcast 301 where Alex Felice explained the “Delayed financing exception”.In the podcast, Alex mentions that according to this exception: “You can finance your property inside of 6 months with FNMA for 100% of HUD or 75% LTV whichever is less”If you are looking for time stamps: At 10:44 Alex mentions it brieflyThen between 19:33 - 25:06 Alex explains itDuring the Deal Deep Dive (between 44:57 - 55:04) he explains a deal he did where it made more sense NOT to use the Delayed Financing Exception (he explains why between 51:48 - 52:07)Oh he also mentions that it is “Eeeeeasy baby, easy” so be encouraged, brother ha ha ha!

23 April 2019 | 4 replies
The EAT can hold the property for only180 days or until you have closed the sale of your old property - whichever is less.

9 May 2019 | 4 replies
You compare your personal itemized deductions against the standard deduction and choose one or the other, whichever is bigger.
25 November 2015 | 7 replies
Might also make him eligible for HAMP or whichever program helps owner occupants refi even if value > loan balance (did a quick web search and HAMP does seem to apply to 2-units, not just sfh).Different tack, is either of the current tenants interested in buying the place?

5 October 2016 | 12 replies
Only thing I would add is if you plan to refinance you want to make sure whatever your purchase price plus rehab is going to be 65-75% of arv that way which ever bank you use to refi, you should be good to go.

12 November 2011 | 10 replies
Which ever your attorney likes...good luck, Bill

17 August 2019 | 18 replies
I’d turn that over to a property manager as soon as you close with either a new year lease or 30 days to vacate, whichever the tenant decides.Best of luck!

15 May 2018 | 3 replies
I sold it earlier this year, not because I didn't want it, but because - 2 kids and several rental properties later - I needed a full sized truck instead.The same reason I sold the Integra is the same reason you'll decide to sell the two SD single family rentals and whichever one is costing you $150/m.

28 June 2023 | 11 replies
Meaning, whichever combined average is lower, YTD, YTD&2022, or YTD&2022&2021.

5 April 2013 | 6 replies
It is possible the lender may elect not to approve the contract, in which event you will not be able to buy the property at the listing or contract price. 4.