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29 April 2024 | 64 replies
There was a federal law suit against most of these programs filed by SEC, but I am not sure what the outcome was.
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28 April 2024 | 20 replies
Federally backed mortgages cannot be called due on sale if it is a transfer to an entity with the same beneficial owners provided that the insurance is properly updated.But this naturally begs the question - if you're adequately insured, which means letting the insurance company know about the entity, that you're operating the property as a rental so appropriate liability limits are written WHY both messing around with the LLC at all?
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26 April 2024 | 2 replies
Federal lending limit around $20mm per customer as a reference point.Asked how is the financing outlook from their banks standpoint.1.
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26 April 2024 | 44 replies
Forst off, you DO need a broker if you are going to lend, otherwise, you are likely in violation of state usury laws and other potential Federal laws.
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27 April 2024 | 11 replies
Furthermore, you should calculate your cash on cash return instead on what the FMV is of the property instead of what you brought it for.The value of $500,000 tax free is about $125,000 if you assume 15% federal taxes and another 10% in california state taxes.
27 April 2024 | 21 replies
Most importantly, they understand rental law and what it takes to meet federal Fair Housing laws and other state statutes.
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25 April 2024 | 1 reply
It’s been more than 2 years since the Federal Reserve started to raise rates.
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25 April 2024 | 8 replies
The Federal Reserve's target has been 2% inflation and it is currently at 3.5% for the year.
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25 April 2024 | 7 replies
Postal Service address,Voter Registration Card,Federal and state tax returns, andDriver's license or car registration.Because it is the IRC - there are plenty of additional exceptions and caveats to be aware of.
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24 April 2024 | 2 replies
, however it seems we won't because my husband's W2 comes from the cannabis industry and the federal reserve sees that as a risk.