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15 September 2024 | 14 replies
Fannie Mae's definition for second home properties includes "must be occupied by the borrower for some portion of the year".
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15 September 2024 | 11 replies
Well, the reasons given generally fall into two categories - either tax benefits through an “installment” sale or obtaining an interest rate on their capital greater than what banks are paying.In my 45+ years doing real estate deals, I’ve found maybe once that the tax argument was considered by a seller; further the “greater than bank rate” argument is completely irrelevant because - the proceeds of a property sale were never going into a bank account, at least not most of the proceeds.
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16 September 2024 | 2 replies
That is acceptable by our fire dept in Denver that inspects it once a year.
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15 September 2024 | 0 replies
Eleven players on each side of the ball, we've done the math, it's an average of $477,272 / year / starting player.
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15 September 2024 | 19 replies
So I am responsible for "base" tax only (~$500/year).
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15 September 2024 | 7 replies
He has 1 year of rental history in an apartment leasing.
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16 September 2024 | 3 replies
I have a PPP on mortage for 5 years, so until Aug 2027.
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18 September 2024 | 23 replies
. $5k more on a 30 year mortgage is peanuts per month
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10 September 2024 | 7 replies
BTW, 100 homes built in 8 years.
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10 September 2024 | 2 replies
Would you mind sharing any advice or experience that you have with paying Property Managers a commission for their workWorking for same brokerage for 5 years as a 1099 Property Manager with established properties..