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24 June 2024 | 58 replies
With things like the ONE Linden plan in Linden, which is a 50M plan to improve the neighborhood.
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25 June 2024 | 8 replies
Why not just get a loan from your 'partner' if you are unable to front the whole down payment.
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22 June 2024 | 2 replies
Your gain is sales price less sales expenses less adjusted basis.Your adjusted basis is purchase price plus improvements less depreciation.Also factor in any passive loss carryforwards when calculating your gain.Your CPA should be able to discuss with you what tax implications would be upon sale.
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23 June 2024 | 7 replies
BP should consider improving this policy to encourage more inclusive participation.
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24 June 2024 | 1 reply
Consulting with local housing authorities, a real estate professional, or a Loan Officer (such as myself) experienced in Section 8 housing can provide valuable insights and guidance tailored to your specific situation, helping you navigate the program effectively while protecting your financial interests as a landlord.Let me know if you would like to discuss further or if you have any more questions I might be able to answer.
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23 June 2024 | 3 replies
Otherwise a typical DSCR loan based on market long term rents should be sufficient to qualify?
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23 June 2024 | 3 replies
Also, once on title, what are my construction loan options?
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23 June 2024 | 7 replies
Ward, et al. which changes the licensing requirements for parties who are the assignee of a home equity line of credit (“HELOC”).Crux is the state is saying Mortgage Lender License Required for Installment Loans Where Installment Loan is Secured by Residential Property even if you did not originate the loan.
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24 June 2024 | 5 replies
I would say 80%-90% of buyers are owner occupied and per their loan they have to move into a unit within 60 days of closing.
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24 June 2024 | 4 replies
You do still have to have verifiable income history to get a loan, but it's more attainable for someone your age because of the low money down.I'm in the process of buying my first house hack right now at 23 and the lenders that I've worked with do take the income history seriously.