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5 December 2024 | 5 replies
But it’s unclear if this applies to HomeStyle loans specifically, given the initial renovation appraisal already accounted for these improvements.I want to know if anyone here has been successful in getting PMI removed under similar circumstances or has any insights into the specifics of Fannie Mae’s policies for HomeStyle Renovation loans.
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4 December 2024 | 2 replies
Ask for them to remove the tree.Fifth, see if you can apply to get a protective order from a court to maintain the property.
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5 December 2024 | 7 replies
I had applied for the CALHFA ADU grant and clarified options in the beginning.
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22 November 2024 | 6 replies
She's claiming financial hardship due to some personal issues and is asking if we can apply the deposit towards her November rent, and she'll make it up.
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8 December 2024 | 26 replies
However:Capital gains taxes can be minimized through deductions like rehab expenses, holding costs, and agent fees.Alternatively, if you decide to keep the Mooresville house and rent it out, you could potentially defer capital gains taxes through a 1031 exchange, but this only applies to investment properties (not primary residences).
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1 December 2024 | 9 replies
And I am wondering if it can apply to this case.
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4 December 2024 | 25 replies
Do you guys still apply that rule?
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6 December 2024 | 45 replies
@Erich OertelRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?
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3 December 2024 | 8 replies
Based on all the books I'd been reading, this seemed like it should qualify as a "good deal" but I was not convinced it would apply to manufactured home which led me here.4.
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5 December 2024 | 10 replies
@Bryan Cavellier, You can 1031 with any US property including Guam, the USVI and ...drum roll- The Northern Marianas Islands (go figure but I actually had a realtor from there in a class of mine recently) into any other US or one of those territories. 1031 is a federal statute so it's applied the same in all locals with just a few variations state to state at the state level.