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26 February 2024 | 4 replies
Assign a power of attorney to sign in the US (the POA will be signed with a remote notary - and also that some lenders did not allow)2.
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26 February 2024 | 2 replies
I was told by the Trustee, I could finance the condo instead of buying it with all cash.However, since this is auction property and doesn't allow someone to do inspection from inside most of the lender are suggesting that get a hard money loan instead of conventional investment loan.hard money loans are expensive (12% to 13% + origination fees).Does anyone has done this before with conventional investment loan where you don't do the inside appraisal.or any recommendations for lender who can help achieve this?
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26 February 2024 | 4 replies
Do you know a real estate broker that would allow you "admin" access to their system?
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26 February 2024 | 1 reply
Assuming I could qualify financially (primary income plus FHA allowed rental income contribution from additional leased units), when I become the owner of the property, would that prevent me from using a FHA 203b to house hack a second property?
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27 February 2024 | 11 replies
yes they allow rent adjustments from year-to-year based on the avg rental pricing for the area, but keep in mind there will be a maximum.
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26 February 2024 | 0 replies
Multi-family properties allow you to employ several different investment techniques.
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28 February 2024 | 13 replies
Since our 2022 taxes were due in October 2023 (CA extended due date), we knew that we wouldn’t find another CPA to do our taxes in time, so we allowed Brad Doran and Alan Kirkham to match us with another ‘WealthAbility CPA’ to complete our tax prep and filing, while they worked on coordinating a refund for us… a refund that was promised to us repeatedly, but still has yet to come to fruition.
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26 February 2024 | 2 replies
I will probably never forgive them for not allowing my teenager into the store in the beginning of the pandemic hoax.
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28 February 2024 | 49 replies
While I am not an accountant, and you should speak to yours about this, there is a loophole in the tax code called the STR Loophole which allows your STR (provided you are not using a PM) to be counted as active income/active expense so that the costs, payments, depreciation etc. goes against your active W-2 income.
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26 February 2024 | 2 replies
@Kevin SiWe avoid window A/C units since this type of apartment unit only allows you to push the rents so high.