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17 March 2024 | 1 reply
The 2 family was +3k so that helped off set.
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17 March 2024 | 29 replies
If you are going to purchase SF homes in lower barrier C/D neighborhoods be conservative with your debt, set aside plenty of reserves and consider half if not more of your appraised equity to be the result of a generous appraiser because you will likely never see the equity converted to a realized gain.
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18 March 2024 | 24 replies
If anyone is getting cute in today's low liquidity and transactional volume times, then they need to be set straight.
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17 March 2024 | 17 replies
I would want to be able to cash flow those expenses or have a pile of cash set aside as a Rental Property Emergency Fund.
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17 March 2024 | 2 replies
I have already taken many steps to set this up as a business but am looking to purchase my first property in the next 30 days or less.Glad to be here and look forward to meeting you all.
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16 March 2024 | 6 replies
@Tori Roy, I can’t point you to the court records, but I remember learning that anti-trust laws prevent NAR from limiting MLS access to Realtors.I think the solution for you is a no-frills, no-desk-fee broker plus signing up for your local MLS without joining the Realtor board attached to it.I’d suggest doing a little googling, then calling your local Realtor board and inquiring (dare I say “badgering”) them about buying MLS access without joining.Good luck!
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16 March 2024 | 4 replies
In Fla there are certain things a handyman can do, but it's fairly limited.
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17 March 2024 | 4 replies
It is possible to set up the final end financing before you start building.
17 March 2024 | 13 replies
Secondly VRBO does not auto charge tax so I set it to collect 10%.
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14 March 2024 | 2 replies
That trend stopped after the 70's but manufactured housing was a major contributor towards creating stable affordable housing.If we want to tackle our housing shortage we need to get serious about it.Here is a quick summary of the HUD changes: HUD Actions for Manufactured Homes and Communities:HUD announces a comprehensive set of actions to increase availability and affordability of manufactured homes.These actions are part of the Biden-Harris Administration's Housing Supply Action Plan.Manufactured housing is a key component in the strategy to boost housing supply and reduce costs.Preservation and Reinvestment Initiative for Community Enhancement (PRICE) Program:HUD launches the PRICE Program, a $225 million competitive grant opportunity.The program aims to preserve and revitalize manufactured housing and communities.Funding supports repairs, rehabilitation, replacement of units, infrastructure upgrades, and community resilience.Available to states, local jurisdictions, tribes, nonprofits, community development finance institutions, and other eligible entities.FHA Draft Policy for Manufactured Home Communities:FHA posts a draft policy to solicit public feedback.The policy aims to promote stability and affordability for individuals and families in existing manufactured home communities.Allows resident-owned cooperatives and mission-oriented borrowers to access FHA-insured financing for purchasing or refinancing.Updates to FHA's Title I Manufactured Home Loan Program:HUD announces updates to FHA's Title I Manufactured Home Loan Program.New methodologies for calculating loan limits to align with current market pricing.Expects the new loan limits to incentivize more lenders to participate and expand program usage by buyers of manufactured housing.Annual Recalculation of Title I Loan Program Limits:FHA will recalculate Title I loan limits annually to keep pace with home price changes over time.This ensures that the loan limits remain aligned with market conditions.Ginnie Mae's Title I Loan Securitization Program:Ginnie Mae takes steps to reinvigorate its Title I Loan Securitization program.Revisions to financial eligibility requirements for Title I Issuers to reduce barriers and increase lender participation.HUD's Ongoing Support for Manufactured Housing:These actions build on HUD's continuous efforts to support manufactured housing.Earlier actions include a proposed rule for the Community Development Block Grant (CDBG) program emphasizing the needs of manufactured housing communities.Recent Updates to CDBG Notice:HUD updated the CDBG in Support of Housing Activities notice to allow the use of funds for acquisition of manufactured housing units, services to homeowners, and investments in infrastructure and resilience for manufactured housing communities.