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Results (10,000+)
Andrew Fidler Anyone else having problems with LMHA Section 8 in Toledo???
22 November 2024 | 9 replies
I was thinking of putting my property into the section 8 program to get around the new lead law, at least until my current tenant leaves.
Jon Pflueger Existing Residential Property in Commercial Zoning, can I build addition?
17 November 2024 | 7 replies
After reading through nyc.govs lengthy explanation on M1 zoning laws, I am still trying to figure out if we can do this or not.
Kobe Carr Is Dallas, Texas area a good start for a beginner to buy a duplex?
20 November 2024 | 23 replies
@Kobe CarrDallas offers benefits for first-time real estate investors, including a growing economy, diverse property types, affordable suburbs, landlord-friendly laws, and strong rent demand.
Sean Anthony Jeff Swiecicki / JBS Realty - Fraudulent Realtor and Property Manager
20 November 2024 | 28 replies
Quote from @Sean Anthony: Quote from @Michael Smythe: @Sean Anthony website is down and Google states business is "Temporarily Closed".Many times these guys just open another company, so his name will be more important than the company name.He's been reported to the FBI, FTC, local law enforcement, and Ohio Division of Real Estate. 
Jean G. How much to bid on commercial NPNs (past maturity)
17 November 2024 | 5 replies
Proper notification and time line is dependent on state law.  
Nolan Ring 3/3 lenders have no idea about FHA loans
21 November 2024 | 10 replies
Thanks for any help’ Yes we're licensed there and FHA guides in one state apply to all states unless a state has a specific law that supercedes the FHA lending guideline.FHA is always 3.5% down minimum (in some cases less because you're using a DPA or down payment assistance program or 2nd lender to put down over all a lower down payment than 3.5%, Aka for instance 3.5% DPA + 96.5% FHA = 100% financing but just dont kid yourself this is fully 100% leverage and to be used with caution and carefully).In the case of 2-4 unit FHA is still 3.5% down payment @Matthew Kwan @Carlos ValenciaThere are rules regarding FHA such as:- primary residence - you must occupy one of the 2-4 unit property as your primary over 50% of the year and the underwriter needs to believe you will remain and have the ability to live in there, any deviation from this and you'll get a whole laundry list of conditions asking you to prove why you should be believed to be living or will live there (if this arises dont be surprised, it just means the UW doesnt believe you).- SS rule - self sufficiency rule - gross rents of all potential units 2-4  X gross rents at 75% needs to meet 1:1 or 100% of the monthly PITIA payment or greater.
Bruce Lynn Everyone wants to buy a foreclosure until they get to see inside the property
1 December 2024 | 134 replies
I just got off the phone with a law firm doing the foreclosure legal work for a bank.
Troy Welch Legal Advice-1st Position Lender, Borrower Filed Ch 11 Bankruptcy
20 November 2024 | 2 replies
If the default is not cured ten days after notice, Borrower and each surety, endorser, and guarantor waive all demand for payment, presentation for payment, notice of intention to accelerate maturity, notice of acceleration of maturity, protest, and notice of protest, to the extent permitted by law, and rights under sections 51.003, 51.004 and 51.005 of the Texas Property Code.
Michael Nguyen New to real estate. Should I create an LLC? How difficult is lending options?
21 November 2024 | 16 replies
In some states, say Florida, all business purpose loans must be vested under an entity by law.  
Brittany P. Reporting to Credit Bureaus
17 November 2024 | 2 replies
Because you are self servicing your loans most are not legally compliant with consumer protection laws and CFPB requirements such as sending statements on a monthly basis that have all the language the CFPB requires as well as each state may have additional requirements for sending out just a simple statement.