Shane Malloy
Self Directed IRA for First Rental Property
2 February 2018 | 8 replies
You will want to educate yourself on the rules, as the IRS is very strict about certain things such as prohibited people and prohibited transactions.
Richard Charity
How did you start in Owner Occupied Multi-Families?
5 November 2017 | 17 replies
I can’t see why they wouldn’t since you would have to hire a management company if your are not on-site, and that may be more cost-prohibitive than simply being there.
Matt Zimmerman
Will a LLC be needed in this scenario?
20 November 2017 | 3 replies
Fannie Mae & Freddie Mac prohibit you from getting the loan in the name of the LLC.
Bob Renthammer
Lease addendum to change address?
14 July 2017 | 3 replies
But aside from that, if you wish to make the change by simple addendum I'm not aware of any prohibition.
Jason M.
Opening a real estate investment partnership
6 December 2019 | 8 replies
If one side no longer likes the deal, he can attempt to renegotiate, or, if not prohibited in the agreement terminate the partnership.
Salvator Lorick
I'm at a roadblock and could use some help with market evaluation
12 July 2020 | 7 replies
I believe most new investors should focus on their local market, unless it's extremely cost prohibitive or has a declining population.
Lucas VanAcker
Insurance cancelled non-payment
24 May 2022 | 1 reply
If there is a lapse in coverage that could be the issue or Is there another issue (knob & tube wiring, dogs on the prohibited list, etc.) that could causing the problems.
Andrew L.
How would you start out given my current situation?
9 January 2023 | 24 replies
I agree with everyone here that said the condo fees can be prohibitive.
Mike Johnson
FHA Loan Question with Rental Income
19 December 2015 | 2 replies
Most lenders include a clause that prohibits using the property for short term rentals.
Joe Languirand
New to the site
17 February 2016 | 9 replies
I think that while the cost of entry and LL/tenant laws might be prohibitive for some, I feel that the closer you get to Boston the more upside you will find.