
7 July 2024 | 19 replies
Most people prefer a detached property with some land on it because they're easier to resell than a duplex one.

8 July 2024 | 16 replies
They will not use the income if you don't have those lined up by closing.Tons of people do this, and I also did the same thing earlier this year.

5 July 2024 | 19 replies
Tidbits of what we know:It sounds like 3 program participants would stay here (potentially alone without supervision, and plus we don't know the participants yet).The participants have a highly structured day where they would leave early in the mornings (the business states that they're focused on keeping these participants very active and doing things).The business also said that the house is kept very clean, as the state can do a surprise inspection at any time.Perhaps my first question is to Jorge from the OP - did you end up renting to the company?

7 July 2024 | 5 replies
Some real quick items here:VA Loans are for Primary HomesYou can use VA Loans for 1-4 unit properties (House Hacking)VA Loans have 0% downpayment (most of the time)You can have more than 1 VA loan (some people don't know that)VA Loans do carry a "funding fee" which is like a little "tax" to write the loan, but it is waived if you are a disabled veteran.VA Loans do not have PMI (and that's a huge benefit for us)VA Loans also have a very streamlined refinance feature (called a VA IRRRRL) which makes it super easy to refinance if rates were to fall (hopefully that will occur in the future)VA Loans can also be used by a surviving spouse.The VA may not give us the best health benefits but they can certainly get us into debt!
8 July 2024 | 9 replies
Please come back and post a follow up, even fi you wind up losing money on the transaction, because it is a good opportunity for new people to learn how difficult flipping a house and turning a profit can be.

7 July 2024 | 14 replies
Something else people don't know is that technically, for second home loans, you are supposed to occupy the property for more than 180 days.

4 July 2024 | 4 replies
I caved this morning and used my cell #, and received the call just fine.

8 July 2024 | 20 replies
However, and I'm sure you realize this, the reasons people get into other facets of real estate such as flipping and notes are for the other benefits those provide over rentals.

4 July 2024 | 9 replies
The sewer company tells me that it's covered however, they need to file for a permit to dig through the NYC DEP (manages the water and sewer lines) on Monday morning, citing that it may take several days.

7 July 2024 | 6 replies
Quote from @Linda Barbano: This is what they do when they steal homes from good people.