Andy Mirza
Foreclosure & Moratorium Updates
5 October 2020 | 14 replies
on the eviction side City of Portlandia just extended the no evictions until end of January 2021 .. then folks have 6 months to pay the rent they skipped.
Jimmy Le
Wholesale Leads via Loan Modification Records
1 October 2020 | 9 replies
This could mean either reducing their principal, lower their rates, or extending the loan term.Despite the government’s efforts with the Home Affordable Modification Program (HAMP), the study find that 41% of all loan modifications became delinquent again within 12 months.Additionally, loan modifications that had a loan-to-value ratio that was higher than 80% were more likely to default by an additional 17%.My hypothesis is that this pattern will also emerge in this upcoming flood of foreclosures.Armed with this information, we’ll to the County Clerk’s office to search for loan modifications that have occurred since April.
Andy Cowan
1031 Exchange Disaster Extension Timing
1 October 2020 | 2 replies
What does she need to do to notify the IRS that she will be using the extended identification period?
Chancellor Swan
Question about mortgage
28 September 2020 | 8 replies
The Utah Housing loan features higher fees up front but then really good rates for the duration of the loan.
Charlotte Chew
Short term rental comps
1 October 2020 | 19 replies
For that, you need to look toward your local extended stay hotel (if you like +30 day booking).If you want to make more money, then try to compete against the varsity team instead of the freshmen team.Consider studying what your local hotels are doing and then provide more value for less.
Manuel Duffis
Investing in real estate before separating from military
28 September 2020 | 9 replies
I’m active duty separating here within they next few months (if I don’t extend.) and we recently closed our first deal for a four plex in San Diego.
Tony Hagen
Greater Phoenix Rental Prop
28 September 2020 | 2 replies
The SE Valley is experiencing tremendous job growth, the 24 freeway is going to be extended in the next couple of years to Ironwood Rd, Fry's is getting ready to build another huge Marketplace, restaurants, hotels, retail, etc continue to build out.
Sheena R Roth
Up to a year to identify a property for a 1031? Is it possible?
1 October 2020 | 4 replies
My question is this: Is it possible to structure a deal where we all agree on a price and sign purchase agreement but don’t actually close on the deal for an extended length of time?
Logan Pettigrew
Finding Short Sale Deals
29 September 2020 | 13 replies
@Logan Pettigrew my guess would be to not focus on short sales / preforclosure since the mortgage forbearance is about to get extended into 2021 during the next bill.
George Vigil
Looking to Leverage Self Directed IRA for Initial portfolio
7 October 2020 | 10 replies
Trying to optimize the number of properties to include in my Buy and hold portfolio without over extending.