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14 June 2022 | 0 replies
The property’s design must be for occupancy of one or more rooms including a living room, kitchen, and sleeping chambers.In order to obtain this credit, the units must consume at least 50% less energy through HVAC functions than that of an identical unit that is non-energy efficient.
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14 June 2022 | 0 replies
The property’s design must be for occupancy of one or more rooms including a living room, kitchen, and sleeping chambers.In order to obtain this credit, the units must consume at least 50% less energy through HVAC functions than that of an identical unit that is non-energy efficient.
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14 June 2022 | 1 reply
When compared to historical averages in new inventory for the month of May, this month was nearly identical to years past.
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22 April 2022 | 6 replies
So I was hoping to get some clarity as to getting a 2nd home mortgage and what constitutes as occupancy fraud.
22 April 2022 | 7 replies
All my information points to that address.I really want to tap into the equity of that house, but don't want to commit mortgage fraud or go to jail.
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24 April 2022 | 3 replies
Hi all, I'm looking to buy an 8-unit (4 identical duplexes) portfolio in Florida and was wondering if I should do a 4-point inspection (much cheaper) or spend the extra money and get a full inspection on all 4 duplexes.
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22 April 2022 | 0 replies
At proforma would be 3500/monthUse 70k buy 4 family around the corner (Hard money) Cash flow would be identical. 2k cash flow after 3 months and at proforma 3500/ monthLeaves me with about 210k in pocket, lets say 40k in updates between both so total would be:170k in pocket, 8 units, 4k cash flow with potential to cash flow 7k.
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25 April 2022 | 5 replies
When they actually apply, I am looking at their full credit report, criminal history, address and identity verification, Landlord references, proof of income/employment, etc.
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25 April 2022 | 4 replies
(https://rules.sos.ga.gov/gac/5...)If you put the property under contract without both the actual intent and the ability (funds) to complete the sale (actually buying the property under the terms of the contract you wrote), you can be sued for "Fraud in the Inducement" (a tort).
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28 April 2022 | 64 replies
Which again, in this situation, you could probably switch from 20% down to 10-15% down and it would be the identical same cash out of pocket.There’s a lot of perspective to have in these situations.