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14 March 2024 | 9 replies
Any advice or even critique on my strategy is welcome as I’m definitely still learning a ton every day.
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15 March 2024 | 3 replies
Questionable strategies.
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15 March 2024 | 8 replies
There are a few STR lenders that can do something like that, but if they are lending on STR you will definitely see the mix of income strategies that could really be a benefit.
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14 March 2024 | 18 replies
This allows DSCR loans to be more adaptable to the market as real estate investing strategies change, including the BRRRR method.
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14 March 2024 | 0 replies
-Ideally list early in the week and during a weekend-Monitor economic indicators and interest rates.Marketing Strategy:-Develop a comprehensive online and traditional marketing strategy to get your listing in front of the most buyers.
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14 March 2024 | 6 replies
Think about your lifestyle and wealth strategy in relation to real estate.2.
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15 March 2024 | 21 replies
Would recommed proceeding carefully and consider the means of the lowest cost (loss) strategy for your specific situation ...
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12 March 2024 | 12 replies
Do you think a fix and flip is a good strategy to get me in the game or are there better options for my situation?
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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.