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5 April 2020 | 11 replies
The other thing was in TCJA qualified leasehold improvement was supposed to be designated as 15 year property and basically they forgot to put the wording in.
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1 April 2020 | 4 replies
My current asset allocations are:Retirement Accounts: 32%Brokerage Account: 23%Alternative Investments: 7%Hard Asset Investments: 38%This was not by design, this was just how it ended up.
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31 March 2020 | 2 replies
Florida's Governor has designated real estate as an essential service; we are required to maintain safe distancing and other CDC guidelines.
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2 April 2020 | 10 replies
I like the search features: https://www.biggerpockets.com/search
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2 April 2020 | 9 replies
Also, with the 3-4 unit, the property will have to pass the Self-sufficiency rule, meaning, 75% of the income of the building has to cover 75% of the building's expenses (PITI - principal, interest, property tax & property insurance).Lastly, if you want to build quick equity and increase rents, you might consider taking a 203K renovation FHA loan which you can use to fix up the property and to add features and benefits to the units that will ensure an increase in monthly rents.
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1 July 2020 | 8 replies
.— The term ‘‘Federally backed mortgage loan’’ includes any loan which is secured by a first or subordinate lien on residential real property (including individual units of condominiums and cooperatives) designed principally for the occupancy of from 1- to 4- families that is— (A) insured by the Federal Housing Administration under title II of the National Housing Act (12 U.S.C. 1707 et seq.); (B) insured under section 255 of the National Housing Act (12 U.S.C. 1715z–20); (C) guaranteed under section 184 or 184A of the Housing and Community Development 3 Act of 1992 (12 U.S.C. 1715z–13a, 1715z– 4 13b); (D) guaranteed or insured by the Department of Veterans Affairs; (E) guaranteed or insured by the Department of Agriculture; (F) made by the Department of Agriculture; or (G) purchased or securitized by the Federal Home Loan Mortgage Corporation or the Federal National Mortgage Association.
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31 March 2020 | 0 replies
Exceptions are made for healthcare facility construction directly related to the COVID-19 response; affordable housing; public works projects when designated as essential by the lead governmental agency; shelters and temporary housing; projects necessary to provide critical services to certain vulnerable individuals; construction necessary to secure an existing construction site; and limited essential residential or business repairs.- Individuals may move residences only if it is not possible to wait until the Order expires, such as if a move is already planned or if it is necessary for safety or habitability.Direct link to summary of changes:https://cchealth.org/coronavirus/pdf/2020-0331-Summary-Superseding-Order-Changes.pdf
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24 July 2021 | 41 replies
I guess they could implement some type of emergency funding but there's also shortage of homes that are designated for section 8 renters.
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2 April 2020 | 6 replies
This site will provide details and the market outlook throughout the US and has some paid features that provide additional information.
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1 April 2020 | 1 reply
Mobile/Manufactured homes are considered vehicles in many states (hence the VIN - vehicle identification number), so it would probably only have details about the features the home came with from the factory.If this is for a pre-fabricated home that is on a regular foundation and such, the manufacturer would be able to tell you about the VIN.Either way, just like with anything used you should make sure you do a full inspection on it so you know what you are buying first!