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9 July 2024 | 4 replies
Then execute the sale and do a 1031 for whichever former members want to it.
8 July 2024 | 12 replies
However, If you did move from a single to multi, you could rent your single out for a year and then move back in.
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8 July 2024 | 11 replies
No, I have not seen anyone pull this off.Additionally, many lenders want no part in this because if the relationship between the two (or more) veterans goes south, then the loan is in trouble.However, I have 2 lenders that confirm they actually do these, but do so few and far between.
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8 July 2024 | 5 replies
If this is for personal use then I'm not sure I'd entertain this idea.
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9 July 2024 | 6 replies
I was preapproved for this amount without my wife being listed on it (I want to get the first rental in my name, then once I show her it works she can get the next in her name.
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8 July 2024 | 4 replies
You basically divulge your “sin” by trying to claim it and then you can be subject to the consequences that may come by having left it off the transaction.
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8 July 2024 | 27 replies
If the PUP works out for you, then great.
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9 July 2024 | 29 replies
If not then you should be on schedule E.Pretty much impossible to be a RE professional if you have W2 income.
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8 July 2024 | 14 replies
@Wesley Pittman - Everything I've been seeing points to the property needing to be owner occupied in order to assume the loan, if this is not the case, then that opens the door to assuming the loan for me@Chris Davidson - Two.
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8 July 2024 | 1 reply
Homes that are "modular" are partly constructed in a factory and then assembled on the building site, otherwise they are just like any stick-built home with the same code requirements.A lot of people have made millions with manufactured homes.