Gerald Williams
Down payment gift
9 November 2024 | 3 replies
Generally speaking, as long as your daughter has not reached the $13M lifetime gift limit, the gift won't be subject to gift tax.You would want to get a qualified appraisal for the the fair market value at the time of gift/sale, Zillow is not the most reliable :-)
Luis Maza
Real wholesalers - or hype pricing - my numbers are not adding up - dilemma
15 November 2024 | 15 replies
I never cared what they are making as the assignment fee, as long as I knew the numbers worked on my end.As for a purchase & rehab lender that will finance up to 100% of the wholesaler's assignment fee - I can introduce you to one that finances that and also 100% of the purchase & rehab up to 65-75% of the ARV.As a lender I sometimes receive off-market properties from wholesalers and other sources and share them to our borrowers if they fit what they are seeking.
Nick Mazziotti
FHA Loan Question
6 November 2024 | 4 replies
As long as it is your primary residence and you aren't renting it out when you are not there, you will be fine.
April Birdsong
Roots in Sewer Line on Sewer Inspection
9 November 2024 | 3 replies
They can be cleared yearly with hydrojetting and that practice is fine as long as the pipes are in tact.
Renay Reese
Open Carry, Concealed carry or no carry while do business
19 November 2024 | 111 replies
I wish we lived in a world where people didn’t want to do us harm but that’s just not reality, and as long as that remains true i will be a very vocal advocate for armed, and trained, Real Estate professionals.
Jon Pflueger
Advice on NYC rental markets in Queens, Brooklyn, Long Island
12 November 2024 | 17 replies
I teach how to establish credibility through my concept, The 3 Pillars of Conversion, which I’ve developed to help clients succeed regardless of location or age—as long as they target the right audience.Lastly: You’ve accused me of “selling SEO.”
Randall E Collins
Property sale proposal
10 November 2024 | 6 replies
All I can do is trust him, I'd say so long as he's happy I'll be alright in the end.
William Kulow
How do we feel about fish?
8 November 2024 | 19 replies
As long as they are leashed, I see no issue with allowing fish.
Brian Scott
Looking to purchase our next MF
11 November 2024 | 11 replies
We purchased the home with FHA loan at 2.75 %Our rate is excellent but we are looking to purchase our next MF and need some advice on how to get into it.I know Fannie Mae has a 5% down MF loan program as long as we move into it.
John McCarthy
How to deal with a very difficult tenant
9 November 2024 | 7 replies
Many states allow landlords to enter the property with appropriate notice (often 24-48 hours) for repairs, even if minors are present, as long as it’s done respectfully and with prior notice.Discuss Lease Terms and Future Considerations: If this continues to be a recurring issue, consider including a clause in future leases addressing tenant responsibilities for cooperation with maintenance and repairs to avoid escalating issues.