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17 December 2024 | 4 replies
They should have a process for this that will likely involve probate.
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17 December 2024 | 8 replies
Like anything involving holding of funds, your client should do his own due diligence and you should refer several to him if you are going to refer any.
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13 December 2024 | 32 replies
I also got involved with a builder in Florida who has yet to produce the first of three houses they're contracted to build, which was a major hit to my available funds as well, setting me further behind.I also figured if I fell a little behind in saving (18 months instead of 12 months for example), I'd still be making progress.
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18 December 2024 | 3 replies
With all six lots in walking distance of the Eisenhower Avenue Metro, the major government employers listed above, and Caryle Crossings, as well as The Foundry (another mixed-use development), the Alexandria Planning Development Division Chief Rob Kerns, described these 6 lot developments as the "next logical step" in the cities effort to further densify the area.
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12 December 2024 | 0 replies
In that situation I purchased a SF property 4 hours away from me this year as a fix-n-flip and to test the hypothesis that long distance fix-n-flips could be viable investments.
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13 December 2024 | 22 replies
Hey Sushil, don't let distance stop you from building wealth.
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14 December 2024 | 6 replies
Here are the common exceptions:Relocation for Work: If your job requires you to move a significant distance from your current property (usually over 50 miles), you may qualify for a second FHA loan near your new workplace.Increase in Family Size: If your household has grown, and your current property no longer meets your family’s needs, you may qualify for a second FHA loan to purchase a larger home.Co-Borrower Separation: If you co-signed on an FHA loan and are no longer living in the property (e.g., after a divorce or separation), you may qualify for a second FHA loan for your primary residence.Non-Occupying Co-Borrower: If you were a co-signer but did not occupy the original property, you may qualify for another FHA loan as the primary borrower.Important Note: FHA guidelines typically require you to demonstrate that the current property will not meet your needs or is no longer feasible as your primary residence.2.
12 December 2024 | 4 replies
Then determine if a long distance property is better or a local house hack.
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15 December 2024 | 8 replies
Many states have non-judicial options where if the contract allows for it(most contracts do) then no court involvement is required to foreclose the property.
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11 December 2024 | 2 replies
It was written before the days of YouTube, so it's not full of the common nonsense where authors sell a course, send you to their website for downloads, or write a follow-up with additional "secrets" they forgot to put in the first book.Long-Distance Real Estate Investing by David Greene was another good one.