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13 January 2019 | 3 replies
Any weird rules/regs regarding new construction of homes near the coast in Ventura CA?
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9 November 2018 | 12 replies
Is .5%-1% of the loan a good rule of thumb for estimating PMI?
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6 December 2018 | 7 replies
(If you make it enough it will discourage them from having them)Iron clad lease to ensure rules are followed and rent is paid Automatic rental payment is required.
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3 November 2018 | 1 reply
I'm also hitting the 2% rule with $800 rent and feel I have room to raise it as I am on the lower end in the area.Since I bought my first condo with cash I was able to leverage that equity with a HELOC (5/3 Bank), they appraised my property at $58k and gave me $37,500 (65% LTV).
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2 November 2018 | 2 replies
I'm also hitting the 2% rule with $800 rent and feel I have room to raise it as I am on the lower end in the area.Since I bought my first condo with cash I was able to leverage that equity with a HELOC (5/3 Bank), they appraised my property at $58k and gave me $37,500 (65% LTV).
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9 November 2018 | 12 replies
Greenwich changed the rules for R-6 back in June of 2017.
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6 November 2018 | 5 replies
We cannot use the SHST rule because we have greater than 2% spending on just repair and maintenance.Is there a list of common spending activities on rental properties and the various current tax rules they fall under available anywhere?
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2 November 2018 | 2 replies
I'm working on a deal where I would purchase a re-performing note (10 payments on time after workout, so far) at around 50% of UPB.
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20 November 2018 | 22 replies
The reason is I know which lenders:- do a good job- stay on top of the necessary tasks- know how to be creative within the rules (some people don't fit into the standard mold of a buyer, and some lenders don't know how to get them approved, and some lenders know how to get them approved)- and which lenders can actually close deals.Another reason is, when someone wants to house hack, not all lenders are experienced in it.
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3 November 2018 | 12 replies
In florida the rules get tighter and a full review is required with anything less than 25% down.