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22 August 2024 | 2 replies
FHA has caught on to this trend & updated the guidelines to prevent people from abusing FHA financing.Here are the guidelines directly from the FHA Handbook:Policy Exceptions Eligibility RequirementsRelocation: A Borrower may be eligible to obtain another FHA insured Mortgage without being required to sell an existing Property covered by an FHA-insured Mortgage if the Borrower is: • relocating or has relocated for an employment related reason; and • establishing or has established a new Principal Residence in an area more than 100 miles from the Borrower’s current Principal Residence.
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26 August 2024 | 13 replies
Any return produces infinite return and you have obtained a property with no capital cost.
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22 August 2024 | 6 replies
How do you go about obtaining records of properties delinquent on taxes?
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26 August 2024 | 24 replies
We put them to the test with an office warehouse 3 building 40,000 sq ft syndication 2 years ago and they performed as they stated.When utilizing local lenders who keep the loan in their portfolio, you CAN negotiate on rate BUT I find it much better to pay 1/4 to 1/2 point above the absolute minimum and obtain these other advantages instead.
30 August 2024 | 70 replies
Within the next two months, my husband and I will be opening our first Airbnb in Denver, CO and we hope to be obtaining our second property within a year or so.Truly it is all about where and who you get your information from because look at it like this: I could watch a Youtube video and read books about heart surgery.
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26 August 2024 | 28 replies
Towns like Romeoville, Streamwood, Aurora, and Arlington Heights take 3-4 weeks usually just to obtain a permit whereas I have seen towns like Woodridge, Plainfield and Orland Park turn around permits in 10 days.
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26 August 2024 | 44 replies
It needed a new compressor which would've cost me $4800 vs $6600 for new AC, obtained multiple bids for both).So I had the AC installer come take a look.
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25 August 2024 | 57 replies
. ### Relevant Aspects of § 7-104:- **Theft by Deception**: Under § 7-104, theft includes obtaining property or services by deception, which involves knowingly providing false or misleading information to obtain something of value.
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18 August 2024 | 2 replies
The GIS map designates it as a single-family dwelling, but the property is clearly set up as two units, with separate HVAC, electrical systems, etc.My main question is: Would it be possible to obtain a permit to legally convert it into a two-unit property?
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22 August 2024 | 13 replies
There are legal implications to being willfully deceptive to obtain a financial benefit for yourself.