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18 May 2021 | 10 replies
Yes....and as far as I know in Texas the Assessor does not disclose how they create values...but they do have access to the MLS....so chances are you will get a jump in taxes.If you do...one way to fight the taxes is unequal assessment.....so if there are other 4plex in the area with lower values, you may be able to keep or reduce the values back to near where their tax values are.
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18 May 2021 | 6 replies
Should I buy a long term rental property when Utah’s housing market is so high?
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30 May 2021 | 36 replies
@Stephen McKnew Colonna this is so true!
19 May 2021 | 2 replies
Trying to find properties is tough in NY especially the city because the market is so hot.
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3 June 2021 | 6 replies
So the court appraisals were always pick of the litter for appraisers, there just generally wasn't enough of that business to keep them busy (because, remember, when millennials aren't busy buying avocado toast, they are also putting divorce lawyers out of business by staying married -- pre-2020, that is), so they "had" to take the mortgage appraisals.
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18 May 2021 | 2 replies
The house is a single-wide mobile home 2. it is a mix of residential and commercial property For a single wide home a Chattel home would be normal but the interest rate on those is so high.
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20 May 2021 | 50 replies
@Shivam PatelIf you have an FHA in property you want to rent out all of the units you need to refinance that to an investment loan with 75%LTV ratio.You can't, as far as I've experienced, change the FHA to a conventional then move out since conventional are also for primary residence.25% LTV is high and in my plan I hope be able to re-use FHA through refinancing every 2-4 years.Gone are the days of 125% LTV and 80-10-10 loans.
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24 May 2021 | 7 replies
But that's about as far as I've gotten so far.
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9 June 2021 | 12 replies
I totally agree with "testing the waters" in a familiar area as far as self-managing, renovation oversight, etc.
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20 May 2021 | 12 replies
@Anthony Caiafa, two separate issues here, one is why the house is not selling and the other is what you have the right to do according to your listing agreement.As far as the second issue, your listing agreement should specify exactly what happens if you terminate the listing.