
6 February 2023 | 6 replies
Here is a link to FHA assumption guidelines which would require you to pay to have the deal (https://www.hud.gov/sites/docu...)For quick reference i have put the section of concern below"When assuming a mortgage not subject to the HUD Reform Act of 1989, aninvestor must pay down the outstanding mortgage balance to a 75% loan-tovalue (LTV) ratio if the current owner occupant requests a release of liability,and the mortgage was originated by an owner occupant pursuant to a Certification ofReasonable Value (CRV) issued by the Veterans Administration (VA), or is one for which a Direct Endorsement (DE) underwriter signed an appraisalreport on or after February 5, 1988.Either the original or the current appraised value of the property may be usedto determine compliance with the 75% LTV limitation.This requirement continues throughout the life of the mortgage."

2 November 2021 | 4 replies
It makes sense as an underwriting term to de-risk their loans but it puts me in a chicken or the egg situation.

29 June 2021 | 18 replies
This will de-risk you needing to sell at an inopportune time (like if you buy but the market doesn't appreciate enough by the time you need to leave/sell to recoup costs).

6 February 2023 | 9 replies
What you're talking about is vacancy de-control.

6 October 2021 | 7 replies
A new agreement between the city of Toledo and Fiat Chrysler Automobiles could bring hundreds of jobs and a new 250,000 square foot facility to support Jeep production in the area.First Solar to build 3rd plant, add 500 jobs.

7 February 2023 | 1 reply
Hey Alexander Diaz,I took a look at the listing and here's what is says:"Home DOES NOT have electricity, a generator would be needed, or solar would need to be installed.

24 January 2023 | 49 replies
Except Soup De Jour is Sub too..

31 December 2022 | 18 replies
@Edwin De leon - In 2021 we saw about 15% increases in rents.

27 December 2022 | 7 replies
Quote from @Edwin De leon: Rick thank you, what do you think is the reason why out of state investors are buying in New Haven, especially since property taxes are heavy in CT not sure what tax rate is in New Haven, good question what is the property tax rate in new haven.