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31 March 2020 | 3 replies
Currently, the maximum number of properties that can be financed in an individual social security number (per person) is 10.
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20 April 2020 | 53 replies
Therefore this trend will be more individual defaulters, rather than a collective community organizing.
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4 April 2020 | 5 replies
@CJ M.so far based on my research, best bet looks like going with individual mortgage broker or smaller lender / credit union instead of big banks I.e (wf,boa,etc) as they have higher closing cost and not borrower friendly.
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12 April 2020 | 4 replies
Most banks list individual properties on mls.
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1 July 2020 | 8 replies
.— The term ‘‘Federally backed mortgage loan’’ includes any loan which is secured by a first or subordinate lien on residential real property (including individual units of condominiums and cooperatives) designed principally for the occupancy of from 1- to 4- families that is— (A) insured by the Federal Housing Administration under title II of the National Housing Act (12 U.S.C. 1707 et seq.); (B) insured under section 255 of the National Housing Act (12 U.S.C. 1715z–20); (C) guaranteed under section 184 or 184A of the Housing and Community Development 3 Act of 1992 (12 U.S.C. 1715z–13a, 1715z– 4 13b); (D) guaranteed or insured by the Department of Veterans Affairs; (E) guaranteed or insured by the Department of Agriculture; (F) made by the Department of Agriculture; or (G) purchased or securitized by the Federal Home Loan Mortgage Corporation or the Federal National Mortgage Association.
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31 March 2020 | 0 replies
Exceptions are made for healthcare facility construction directly related to the COVID-19 response; affordable housing; public works projects when designated as essential by the lead governmental agency; shelters and temporary housing; projects necessary to provide critical services to certain vulnerable individuals; construction necessary to secure an existing construction site; and limited essential residential or business repairs.- Individuals may move residences only if it is not possible to wait until the Order expires, such as if a move is already planned or if it is necessary for safety or habitability.Direct link to summary of changes:https://cchealth.org/coronavirus/pdf/2020-0331-Summary-Superseding-Order-Changes.pdf
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1 April 2020 | 4 replies
I do NOT self-manage and use two different property management companies (yes, I could have individually reached out to each PM, but I haven't and am pretty much planning to see how they handle it).
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1 April 2020 | 4 replies
So my question:Am I understanding correctly that if I do rehabs, flips and wholesale deals AND if I own any rental property, that I would want to establish an S-Corp for the rehab/flip/wholesale business and then create individual LLC’s for any other passive income rental properties?
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8 February 2021 | 88 replies
But I digress...)Alas, I don't know what one individual can do.
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5 April 2020 | 61 replies
I myself am definitely a firm, business-minded, and calculating type of individual when it comes to managing rentals.