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26 November 2024 | 17 replies
On the property side you need to find a nationwide program, plus the maintenance program.If you didn’t salt the sidewalk or didn’t let me rent because I’m Serbo Croatian.
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20 November 2024 | 20 replies
I'm in no way affiliated with this company but here's a link that may come in use should you need any additional forms in the future @Morgan McRaehttps://www.firsttuesday.us/in...
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18 November 2024 | 14 replies
I’ve received only self-promotions from PMs or people affiliated with PMs.
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20 November 2024 | 25 replies
I have no affiliation (or ever heard of them until today) but they are HQ'd in YT and appear to be investment real estate friendly based on their filings.
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20 November 2024 | 9 replies
Generally 1-4 units have better terms compared to 5-8 unit programs.
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1 December 2024 | 377 replies
Can I ask what sort of property management program you use to keep track of each of your rentals?
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19 November 2024 | 4 replies
(HACW being "Housing Authority County Wake"; and HAP being "Housing Assistance Program").
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19 November 2024 | 6 replies
However, with any course or program, it’s essential to approach with a bit of caution.
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25 November 2024 | 22 replies
I would be totally open to it including an accounting software as well where I can see financials across all my properties because I'm tired of my current accounting program, Wave.
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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.