Leland James
How do I find off market deals/pre foreclosure deals?
21 December 2018 | 9 replies
Others specialize in preforeclosures, probate, tax defaults, non-owner-occupied, etc.
Account Closed
Help me analyze this deal
19 December 2018 | 10 replies
Account Closed a few questions/thoughts looking at thisYour loan points don't look right - I doubt you're paying 4.6M points on a 187K loan ;)Your interest rate may be a little low, especially if it's non owner occupied; have you spoken with a mortgage broker or loan officer?
Rick Michaels
Insurance on duplex - Primary Residence with Storefront
21 December 2018 | 5 replies
You might end up with a non-standard or a surplus lines policy.
Denis Moreira
Property Appraiser Questionnaire after my purchase
24 August 2020 | 9 replies
Ie the purchase price is below the tax value Kris- As Texas is a non-disclosure state, they do not have access to the sales price.
Matthew Perry
I closed on my fourth rental property
21 December 2018 | 37 replies
We have to constantly remind ourselves to be patient, we have unit one and it is going very well, just passed a year with it as owners and STR managers (And cleaners!)
Murphy Frankhouser
Qualified Opportunity Zones
24 December 2018 | 6 replies
@Jaysen Medhurst If you are a buy and hold investor the potential of 15% reduction in the deferral and the 100% non taxability of any appreciation after 10 years allows you to sell the property and have no tax.
Jung Won Kim
MultiFamily Property Taxes
21 December 2018 | 9 replies
TX = non-disclosure state i.e. assessor makes a "independent" assumption of the fair value of the property and assess taxes on it (in theory).
Kevin Krysty Jr.
Becoming owner/landlord of FIRST property (live in flip w/studio)
19 December 2018 | 7 replies
I once had a perspective tenant apply looking professional and nice, while on social media we could see what type of lifestyle he led (non stop partying and drugs) You need to be careful why you say no, but finding red flags can sure help narrow down the search.
Alexander Wardell
Spanish only speaking tenants
22 December 2018 | 8 replies
So in the event the tenant had a claim that they gave a deposit to the old owner you've got your ducks in a row.As for what to do with the tenants going forward the language they speak is a non issue.
Jim Macedon
Lender is Killing my Buzz
22 December 2018 | 10 replies
Fannie Mae subsidizes interest rates and loan terms, so if you want that subsidy then your LO needs something that can be sold to Fannie, which is where the profit is at in mortgage lending.There are non-Fannie Mae loans that do not care about FNMA rules, but you also lose the FNMA subsidy on the rate and terms.