Sebastian E.
Lenders using Airbnb Income for loan application
27 November 2017 | 3 replies
If they have overlays (rules that they put on top of Fannie/Freddie loans) then they might restrict this income or even remove it entirely.
Fletcher Caulk
Shane H.
1031 Expert -- 1031 exchange using a related entity - plz help
27 November 2017 | 11 replies
The one thing that nags me in there and would need some legal fleshing out is how close that is to a step transaction.
Antonino McInnis
Seller Financing in NY
21 January 2019 | 8 replies
The assuming Borrower may assume 100% of the outstanding principal balance of the Mortgage, subject to the restrictions on LTV ratio for Investment Properties and HUD-approved Secondary Residences.”FHA loan assumptions require the lender to prepare special paperwork showing that the original borrower is released from the financial liability of the mortgage loan.
Jason Berroa
Cash Out Refi Lenders After Full Gut Renovation Before 6 months
29 November 2017 | 6 replies
Don't be surprised if you have an adjustable rate mortgage, if there is a pre-payment penalty, if the rate is higher, if it's only a 20 year term....and some have ALL of these restrictions on the loans.
Patrick Moore
Chicago tenant eviction questions
17 September 2019 | 7 replies
At what point is it legal for me to change the locks and start cleaning the place up so I can start to recoup my losses.
Brianna H.
Pros/Cons to replace a/c in 2017
27 November 2017 | 2 replies
If I had a year with minimal expenses I will pay more in December to get the full deduction that year.No legal advice here.
Jay Jones
house in another state tenant ask for repair but wont give access
26 November 2017 | 6 replies
Legally tenants can not refuse access.
April Molina
I spent my Sunday dealing with squatters with a toddler. Lol
1 December 2017 | 18 replies
The Philadelphia Police can legally do nothing.
Tania Patch
Electrical Fire, House Inhabitable - What have you experienced?
28 November 2017 | 6 replies
The house is a 2-family I own that I was planning on occupying in the spring once the tenants left (through legal owner-occupy channels).