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Results (10,000+)
Huiping S. Can I reject a tenant with a service dog in FL?
4 February 2024 | 58 replies
Also:"...Emotional support animals that do not qualify as service animals under the ADA may nevertheless qualify as reasonable accommodations under the FHA.9 In cases when a person with a disability uses a service animal or an emotional support animal, a reasonable accommodation may include waiving a no-pet rule or a pet deposit.10 This animal is not considered a pet." - Same source and section.  
Annette Yim Newbie from VA/MD/DC Area
5 February 2024 | 11 replies
There are a bunch of great local meetups in the area including Cassidy's.I also recommend the Cashflow Breakfast Club (a bunch in the area) and the NOVA REI Meetup which is one I cohost.We've got a meetup this Wednesday if you're interested.
Ahmed Alswaiti DFW Adapting to New Change
4 February 2024 | 1 reply
With mortgage rates peaking at their highest levels in over 20 years during 2023, the market faced major obstacles, including the limited supply that has consistently challenged investors.
Joshua Mckeller Income Verification requirements
4 February 2024 | 8 replies
What can cause an issue is if your current employment includes variable income, such as commission, overtime and bonuses that you are using to qualify for the mortgage.
Telle Cherish Proof Of Funds Company?
4 February 2024 | 10 replies
Most well drafted purchase agreements will include language that can call a default on the purchaser for misrepresentation so be mindful of how you represent yourself when submitting offers. 
Benjamin Frank Hello! Target: STR/vacation home in Northern Vermont
2 February 2024 | 5 replies
Go up after a great snow day to Bretton Woods, Wildcat, Spruce Peak, Stratton and its all thick powder!
Henry Clark Self Storage- Scaling
5 February 2024 | 30 replies
Henry,They said, it was removed because I included my/our website (contact info) on the post!
Donnie Tucker New investor looking to start out of state
4 February 2024 | 38 replies
The presence of distressed properties, including foreclosures, provides opportunities for investment at potentially lower costs, appealing to those interested in refurbishment and resale or rental.
Julio Gonzalez Is Cost Segregation Beneficial to Passive Investors?
4 February 2024 | 6 replies
I like that you included syndicated and trusts.
Account Closed Subject To – Why You Need Money To Buy Using "Subject To" (SubTo) - Safely, Legally
3 February 2024 | 20 replies
Bought for $157,100.38 *** ***  ARV $245,000.00 5 bed 3 bath – Phoenix AZThese are the numbers from the HUD statement Bought for $157,100.38 *** * ARV $245,000.00 Existing Loan Amt Payoff $118,145.37 * Subject To $118,145.37 **** Closing Costs From HUD Title $1,045.00 Escrow $1,400.00 County Taxes $538.38 Recording Fee $120.00 Cash to seller $10,000.00 Misc other charges $525.00 Total Amount Due $ $13,628.38 *** Arrears To Bring Account Due Total Number of Missed Payments: 11 Total Payment Amount $10,095.47 Unpaid Late Charges $146.84 Additional Amounts: Foreclosure Fee/Cost $354.19 Unpaid Advance Bal $1,101.75 Total Amount Due $ $11,698.25 *** FHA Loan Mod 2nd $11,582.44 *** My Out of Pocket $36,909.07 *** Total Cost Basis of Purchase $155,054.44 ARV (After Repair Value) $245,000.00 Repairs Post Purchase $ 5,000.00 +/- Unrealized Profit $84,945.56 *** Equity (ARV minus Subject To payoff) $126,854.63 *** I strongly recommend having 3 months reserves as follows: Monthly Mortgage $917.77 (Taxes included) Electric Monthly $362.21 Water & Sewer Monthly $102.80 HOA – None $0 Reserves3 months mortgage payments @ $917.77 per month = $2,753.313 months Electric payments @ $362.21 per month = $1,086.633 months Water payments @ $102.80 per month = $ 308.40                                                            Minmum Reserves Total $4,148.34Then I turned around and sold it on a Lease Option for $265,000 getting $20,000 down on a nonrefundable Option fee, and rent of $1,900 a month. *** My Out of Pocket      $36,909.07 Option Fee To Me      $20,000.00 My Adjusted Out of Pocket        $16,909.07 ****** My Cash Flow  *  $ 982.00 monthly **So, I sold it for $20,000 more than street value, I get tax write offs, I got $20,000 back immediately as an Option fee, I cash flow at $982.00 a month and if they exercise their Option, I’ll get $146,854.63 (minus the $20,000 Option fee) equals $126,854.63 cash along with any pay down during their Option period.