Zongfu Li
Kiavi is the worst lenders I have been working with
15 January 2025 | 11 replies
There are bridge & DSCR lenders that can finance a non-warrantable condo.
Alan Asriants
The realities of when you start acquiring more units - unexpected vacancy
14 January 2025 | 9 replies
In my experience that's not actually the case at least in legitimate evictions for non-payment of rent or breach of another part of the lease.
Jonathan Baptiste
What I learned after 1 year of house hacking
17 January 2025 | 11 replies
It saved me when things got real (hello, crazy boyfriend with trust issues).Security Deposit: Non-NegotiableOne full month of rent as a security deposit (at the very least!)
Amanda Bradley
1 yr lease ending 2/2/2025
7 January 2025 | 5 replies
We always give a 60-day non-renewal when they are an annual tenant.
Jimmy Rojas
How to show proof of income with 1099 form
6 January 2025 | 4 replies
If you do not have (2) full years of 1099 you can still get approved for a mortgage using a Non/QM program like a "1 Year 1099" program or Bank statements.
Victor Yang
if i gift a house, is the cost basis what i purchased it for or the FMV?
20 January 2025 | 4 replies
Gifting equity in a house may be more trouble than it is worth if you are not near the life-time exclusion1) Potentially having to get the property appraised everytime an equity is gifted2) Having a title company update the title every time3) Exemption of the gift tax return is normally for cash gifts below the annual gift tax exclusion, you may still need to file if you gift non-cash4) If there is partial ownership over several years, having to properly pro-rate certain items such as real estate taxes, mortgage interest and rental income if the property is a rentalBest of luck
Curtis Cutler
cashing in 401k? rethinking retirement.
20 January 2025 | 1 reply
You can buy a rental house, put $60,000 down and you will have to get a non-recourse loan for the rest of the mortgage.
Jimmy Chao
Selling fixer to relative and avoiding seasoning period.
19 January 2025 | 3 replies
Hard money is a type of business loan for non-owner occupying investors.
Matthew Steele
Lost lease, tenant issue
4 January 2025 | 11 replies
Give proper legal notice of non-renewal and get them both out.
Mitch Davidson
New STR Restrictions Coming for the Asheville Area
17 January 2025 | 40 replies
A special committee was formed last year, and was to hold 6 non-public meetings and then send their finalized recommendations to the commissioners in November.