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6 April 2024 | 6 replies
To comply, we asked the husband to complete the rental application and submit the required documents, including ID, SSN, and bank statements.
7 April 2024 | 7 replies
Court of Appeals for the District of Columbia on Friday overturned a lower-court ruling from 2023 that had quashed the Justice Department’s request for information from N.A.R. about broker commissions and how real estate listings are marketed.https://www.nytimes.com/2024/04/05/realestate/doj-realtors-n...Given that the lawsuit no longer requires members to be members of nar or the local mls’s I’m not sure the doj can really move the needle anymore than the settlement in the sitzer case by farther going after nar, to the extent they want farther changes, it’s probably wrangling state licensing boards.
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4 April 2024 | 11 replies
I have been taught that some private lenders do not require money down.
6 April 2024 | 5 replies
This is typically seen in larger transactions with bigger check sizes but is also complicated to originate because an intercreditor agreement will be required by your lender.
6 April 2024 | 3 replies
That wouldn't require a license, BUT if you do poorly with managing the property you could lose money!
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5 April 2024 | 3 replies
For questions on taxes, you can find every states guidelines easily online, but talking with a quality CPA would be the best option.
3 April 2024 | 8 replies
and is there a way to avoid the withholding requirement?
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6 April 2024 | 5 replies
Most multifamily in our market sold for a 5.4% cap rate in 2023, and that would price it closer to $560,000.Other things to consider for your offer: FHA financing requires you to move in within 60 days of closing.
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6 April 2024 | 3 replies
"If the tenant requires early termination of the lease, rent and deposit are nonrefundable"c.
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5 April 2024 | 3 replies
( Can't find any info online for the NYC market) Is there a process to try and get the property in a short sale before it goes on auction, If so who needs to be contacted?