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10 February 2025 | 7 replies
If so, shifting that to the tenants at the time of lease renewal is another great way to decrease her overall debt service.Other good ways to increase revenue in the mean time:- Raising washer/dryer prices. this may only equate to $4-$5 per unit per week, but its better than nothing- If there are any unassigned parking spaces, meaning not attached to any lease, make them paid only any offer them to tenants at a new fee.
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23 February 2025 | 23 replies
That is where your most likely to see any significant disruptions come from for any radical shift in how housing is built.
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13 February 2025 | 10 replies
But if you can find the property which can qualify as rural, then you can finance.As an example, farm labor housing is multifamily and there are specific programs inside the USDA portfolio which target those types of properties.
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13 February 2025 | 7 replies
I'd love to share some insight if yall have any questions about it!
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19 February 2025 | 1 reply
If they gift it to you it's tax-free (as long as they're under the lifetime gift limit around 14 million) they may have to file a gift return though, but there won't be tax due.
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18 February 2025 | 9 replies
@Jaycee Greene after the year living there at first property can you get a second fha loan but have to live for a year too on the next one?
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18 February 2025 | 8 replies
@Ellis Moyewe really don't know a lot about this situation since there aren't many details in your post... but i don't think this makes any sense for anyone involved here...if it's a flip that's not selling, refinancing may not solve your problem and allow you to pay back the HML in fulland typically a sub to buyer wants a low interest rate... and if you refinance now you won't be getting a low interest rate, you'll just be getting whatever the market offers.and finally.... the vast majority of loans are NOT assumable.
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22 February 2025 | 8 replies
I currently have a client looking to purchase their first investment properties here this year as well as in other Midwest markets that are also showing some of these same factors coming to light.Another thing to consider is that OKC is home to nearly 20,000 military / government workers with Tinker Air Force Base and the Army and Air National Guard posts there.
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20 February 2025 | 4 replies
Same with areas along N CHS along the rivers - there are major developments going in on both riverbanks.