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13 July 2024 | 6 replies
My fear now is that by posting it on Airbnb I put it out for the world and I believe technically it can’t be rented separately but zoning said they would just tell her I have a permit pulled or it was just people who are renting my other place on the same lot so basically really no way to prove it.I was thinking instead of a kitchen is just rent it out 3-4 months a year with an outdoor flattop grill on the patio a nice seating area and maybe an outdoor sink.
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10 July 2024 | 13 replies
I had one PM lined up who had major staffing issues due to COVID and would up withdrawing from their Cincinnati presence.How many units do you have them handling?
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14 July 2024 | 15 replies
This period of warmer temps (which is technically not even completely true depending where, how, and who you choose to get your data) has happened before and will happen again.Still, if you enjoy cool. wet weather and Blue politics I imagine that Oregon would be a splendid place to invest.
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12 July 2024 | 3 replies
It's a like-kind exchange so you can technically go from SFR to multi family or commercial since it's under a real estate umbrella.
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10 July 2024 | 6 replies
Those offers never came, one was supposed to be from an affordable housing nonprofit that had access to 4.5% financing, but they put us on ice for a few months while we waited for their slow board aproval process, and then they had some sort of organizational staffing shakeup and recently told us they couldnt put an offer in.
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11 July 2024 | 12 replies
@John DeanIf it’s going to be owner occupied then you should use a loan servicer as its required by law in most states and for every incorrect statement you send every month you are committing CFPB violations and if the borrower defaults you are technically not allowed to collect interest - in some states if they have a good attorney and default they could wipe you out in legal fees…My bigger question is why would you seller finance?
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12 July 2024 | 42 replies
Technically 2 as you live in one.
12 July 2024 | 18 replies
(Even though that definition is technically wrong as Bill pointed out)Hopefully my wife never goes to BP, because here it goes: "I was wrong"
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14 July 2024 | 27 replies
Tori, my understanding is you're not technically supposed to rent them out (although many people do).
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10 July 2024 | 10 replies
Hey @Ethan Clay Lesperance, technically the lender could call the loan due for violating a possible clause in the loan agreement.I have been someone who has warned about this but so far, many folks have renting their former primary residences without issue with the lender.