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20 July 2024 | 7 replies
On separate properties, if you're eligible, then yes.
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20 July 2024 | 16 replies
Should let them know 300% makes them eligible for LOOP program.
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19 July 2024 | 9 replies
I am considering investing in Ohio, based on successful investments by friends but am open to other areas provided the fundamentals make sense.I look forward to connecting with fellow investors, real estate agents, and property managers to share insights and identify promising opportunities.Thanks,Julien
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20 July 2024 | 10 replies
If you have no lates in the last 12 months and re-established credit meaning you have atleast 3 tradelines you have made ontime payments on for the last 12-24 months you may be eligible for VA financing with 580 min or lower scores depending on the scenario.Most of the time these type of files with be a total cluster and require 30-40 conditions ranging from letters of explanation, additional documentation, and or other to close.
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20 July 2024 | 4 replies
The primary purpose is to assist eligible veterans in purchasing, building, repairing, retaining, or adapting a home for personal occupancy.Asset Protection Strategies: If your goal is to protect your assets, there are other strategies you might consider:Insurance: Obtaining adequate insurance coverage, like homeowner's insurance and umbrella policies (as @Greg Scott mentioned), can provide a layer of protection against liabilities.Homestead Exemption: Some states offer a homestead exemption that can protect a portion of your home's value from creditors.Trusts: In some cases, placing the property in a trust can provide asset protection, although this can be complex and requires legal expertise.Legal and Financial Advice: It's crucial to seek advice from legal and financial experts.
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20 July 2024 | 29 replies
Also, DSCR Loans only for stabilized/turnkey, so MF syndications are likely going to not be eligible (if over 10 units) or any value-add/bridge
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19 July 2024 | 1 reply
.- New supply is expected to moderate, with inventory growth slowing from 5.4% in 2024 to just 0.5% in 2025.While the market faces near-term headwinds from slow economic and population growth, the moderation in new supply and gradual absorption of existing inventory should support improved market fundamentals over the next 2-3 years.
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22 July 2024 | 120 replies
Because Rent Controls VIOLATE the very fundamental of the designed US economic machine, free market enterprise.
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20 July 2024 | 15 replies
But, again, if your LES shows an ETS date of less than 12 months your current income won't be usable, unless (a) you write a letter to certify that you will reenlist and also have a commander certify that you will be eligible, or (b) you use income from a new job that you'll start near the subject property before closing.
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18 July 2024 | 7 replies
If the property is treated as passive, then, you are correct, that it is not eligible to offset other forms of income.If the property is treated as non-passive(active), then it will be eligible to offset other forms of income.