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10 February 2025 | 9 replies
Your interest rate, on a fixed rate loan, should remain unchanged and your mortgage should not be called due.However you should still confirm that this is the case with your lender (and read your mortgage commitment) out of an abundance of caution and because some loans and programs do require a longer seasoning period.
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17 February 2025 | 3 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?
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24 February 2025 | 8 replies
When you sell a property, the IRS requires you to recapture the depreciation you've taken, which is taxed at a higher rate than capital gains.
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10 February 2025 | 2 replies
Quick heads-up: Starting January 4, 2025, Pennsylvanias Act 52 requires anyone involved in wholesaling real estate to be a licensed agent.
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10 February 2025 | 2 replies
Most companies I’ve found require all tenants to be on a single lease, which doesn’t fit my plan.If anyone has recommendations for a PM company that allows individual room leases, I’d really appreciate it!
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9 February 2025 | 4 replies
The only thing the bank required is that I had a checking account with direct deposit setup into their account.
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1 February 2025 | 4 replies
“A company is required to file a notice with the Commission on Form D within 15 days after the first sale of securities in the offering.”5.
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4 February 2025 | 7 replies
I focus on mid-grade quality items that are durable and pleasant to use yet not so nice that people are tempted to swipe them and are then expensive to replace.
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20 February 2025 | 7 replies
I am trying to figure out what to do with this property and would love to hear your thoughts or ideas around this.The rent is below market but the apartments arent updated.Options:-We could keep the property and make the repairs, but would be at a loss for a couple years until rent covers expenses.
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22 February 2025 | 1 reply
The house is offered to the buyer at the ARV price, and we explain how we plan to rehab the property and its worth after repairs (ARV).The end buyer has to make a commitment of at least 10% of the ARV, provide proof of funds, and other documents required to list the property on our website.