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5 April 2024 | 10 replies
As of right now my credit score is around 720, would this be sufficient to get approved for a FHA loan?
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6 April 2024 | 5 replies
However if you plan on buying 3-4units, there is a trigger rule for FHA, it is called the self sufficiency test.
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5 April 2024 | 2 replies
And the second duplex hasn't appreciated sufficiently to take advantage of the capital gains exemption yet, so planning to hold for the next few years.For this third duplex, however, I would like guidance on how to title it:1) Given that I am paying cash, and I am not totally sure I will sell this within the "2 years in the last 5 years" rule, should I just put it in a LLC rather than my personal name (thereby missing out on the gains exemption)?
4 April 2024 | 6 replies
We note the key quantity in the move in inspection report and charge the tenant to rekey if all original due not duplicates are not returned at move out.
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4 April 2024 | 32 replies
That's construction company type quantities!
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6 April 2024 | 45 replies
Hence, why I preach quality over quantity less overall capex/tenant issues and likely better locations.
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4 April 2024 | 8 replies
In my opinion their data isn't significant for finding deals, but when it comes time to present an offer I don't know where you'd get sufficient data to do so other than CoStar.
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5 April 2024 | 37 replies
Instead of focusing solely on typical tourist destinations, consider exploring areas surrounding National Parks, state parks, or unique outdoor recreation spots that lack sufficient lodging options, presenting a prime opportunity for short-term rentals (STRs).
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4 April 2024 | 5 replies
There is no self sufficiency required.
4 April 2024 | 12 replies
Quads on a septic system is going to be a major expense and you should expect to pump it out every 2 years or so, so it needs a man hole cover.If it is going to be septic be SURE you have sufficient soil quality for your drain field, you will want lots of sand.