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21 February 2025 | 0 replies
The deadline to file for properties purchased in 2024 is January 31, 2025 for the benefit to roll forward this year..Other Important ConsiderationsThe exemption doesn’t apply to agricultural property, personal residences, or property assessed by the South Carolina Department of Revenue.Even if you missed the initial deadline, you might still qualify for partial benefits in future yearsHow to Apply for the ATI ExemptionApplying for the ATI exemption is a straightforward process, but it’s essential to act quickly and provide the necessary documentation.
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17 February 2025 | 10 replies
Personally I like the work part and building up to something.
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3 February 2025 | 8 replies
One thing to note when getting conventional mortgages and spouses.There is a 10 limit per person for conventional financing.You can either do 10 conventional in each person's name which would be 20 mortgages for 2 people or if you do the mortgages jointly, will only allow 10 in total.My thoughts are not to own joint assets until you are both married.
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17 February 2025 | 6 replies
For example of above, there was a person I know, they bought a house for a rental, the square footage was enough to make a 3rd bed out of a dining room, that would increase the month rent by $400.00 a month if they did that..
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19 February 2025 | 14 replies
Some people love that as the initial numbers look good, but probably over the long term they get tired of the common issues landlords face.It's not that hard typically to find a move in ready property, or even to find one that needs minor repairs, where you can capture the equity yourself vs the person selling it to you.
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29 January 2025 | 5 replies
I have 880 credit score, decent savings, and no other debt except for 300K mortgage on my primary residence (worth $1.5 million).
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31 January 2025 | 10 replies
Is there a point of contact person/business that handles all home investor concerns (general contractor, engineer, etc.)
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8 February 2025 | 10 replies
I personally again in my opinion only.. but these guys could be fake lenders.. for sure HML do not have a requirement that they can only lend to a corp..
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9 February 2025 | 15 replies
Like @John Underwood said, your cleaner and handy person can be of great help getting things done.
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13 January 2025 | 11 replies
To get access to the maximum amount of equity, I would recommend Tower Credit Union.