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Results (1,251)
Logan M. Making Changes via HUD for Manufactured Homes?
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.
Nana Sefa Owner’s title insurance - to get or not?
12 March 2024 | 250 replies
I am learning a lot   Relying upon the existence of a lender's policy to protect you as owner when the simultaneous issue rate for the owners policy is typically pennies on the dollar?
Wick Ra Help with inspection notice
7 March 2024 | 9 replies
Can I leave empty cardboards and some wood in the basement? 
Chris Seveney This is the VERY FIRST thing to do before you consider investing in a Syndication
3 March 2024 | 1 reply
But if you are investing in offerings where they did not register the offering, then they are committing an act that is subject the issuer to criminal or civil prosecution.
Nicholas Aiola Ask me (a CPA) anything about taxes relating to real estate
27 February 2024 | 2053 replies
IRS Publication 527 Rents (Emphasis mine)In my case the ownership of the income at issue (rents) is controlled by State law.
Rick Bassett Tenant being evicted Cardboards up Windows
17 October 2016 | 13 replies
As much as you want them to take down the cardboard or enter the unit, hold back and just let the process go through.
Alexander Forrester First property
30 August 2016 | 7 replies
We would give them to Mexican brokers who would take them to Mexico and replace them with card board shanties.
Matthew Wu How to work with non accredited investor
6 September 2017 | 8 replies
This is one in which the issuer (or a person acting on its behalf) has sufficient information to evaluate, and does, in fact, evaluate, a prospective offeree’s financial circumstances and sophistication, in determining his or her status as an accredited or sophisticated investor.
Coleman Clark Found asbestos During rehabbing 1st rental property
31 August 2017 | 4 replies
Another option for the ceiling is drywall over it or skim coat it.... if it's those square cardboard looking tiles then just sheet rock over it with 1/4 inch drywall.
Cenddie Alaban Our family friend has $150,000 in cash but cannot buy a house.
6 September 2017 | 57 replies
After the 6 month period my card issuer sent me back my deposit!