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Results (10,000+)
Kathlyn Lewis Tenant late with rent - what to do
12 January 2014 | 24 replies
I know some landlords who give residents the option to pay rent weekly and charge more for that service.
Kizzy Robb Buying In a Vacant Area
4 January 2014 | 8 replies
I think I should start with getting out the car and talking to the residents.
Brian Borchers SAFE Act - Dodd Frank Strategies
15 January 2014 | 8 replies
In a few states, they are not legal as a conveyance for primary residences.
Jason Eyerly What is the point of Cash Out Refinancing?
6 January 2014 | 52 replies
Ahh I think I got what you're trying to say it is different how rental income is calculated when the subject property is owner occupied or non owner occupied, explanation below.To clarify:For rental income on a Non owner occupied property (which I believe this is)right 800 income - 800 liability is $0 to make the borrower qualify for and you divided it by 0 because he has no other income so the ratios are 0/0 if gross rent was 1066.67.The 800 Income after being discounted by 25% is netted against the 800 PITIA = 0 effect plus or minus to the borrowers scenario.For rental income on a primary residence:What your implying is how rental income is calculated if the subject property is a primary residence then yes it would go as you had mentioned because the guidelines do not allow the borrower to net the income against the monthly obligation so income would go in the income category and PITIA would go into the expense category similar to what you mentioned 800 / 800 = 100 DTI (debt to income ratio).
Peter Lambert One Tenant on App and Lease - Neighbor says 3 are moving in.
6 January 2014 | 15 replies
I would NOT withhold keys from the tenant when he gets back because you run the risk of getting yourself is trouble for illegally keeping him out of a residence he is legally entitled to be in.
Jason Merchey When to List a House Under Construction
6 January 2014 | 22 replies
You only have one chance to make a first impression, and MANY real estate buyers will base their decision off that first impression (I did when I bought my first personal residence).So, if it's only half-finished -- or even finished but not staged -- I prefer to not let anyone see the property.Now, there are two exceptions to this rule for me:1.
Daniel Bennett Hello from Baltimore
7 March 2014 | 15 replies
That is the minimal goal, perhaps I can buy another non-principal residence before then, lets hope.
Chris Mills Hello from DC!
7 January 2014 | 13 replies
I'm also in the DC market, looking to gain general knowledge as well as specific market knowledge of the H Street neighborhood, where I also reside.
Ed O. Difference between 2nd home and Vacation home
6 January 2014 | 3 replies
Underwriting assumes that you will sell the NOO or the vacation home before you would sell your primary residence in a time of desperation, thus the need for more "skin in the game"
Jimmy Johnson My house has appreciated astronomicaly
22 January 2014 | 22 replies
You can't do a 1031 exchange for your residence.