Its zoned AB2 which technically gives it the ability to operate as a business but it shows up in public record as a single family home.

"Separate books and records are maintained to reflect income and expenses for each rental real estate enterprise.""250 or more hours of rental services are performed annually with respect to the rental enterprise.

would we see record low interest rates for refinance and new loans?

View report*This link comes directly from our calculators, based on information input by the member who posted.I am basing these numbers on typical life-span of big ticket items, since there are no records of pulled permits on anything from the year it was built.

Lastly, people mention that hard money lenders only finance people with a track record.

He records other tenants conversations, calls police on them three times for something stupid.

Lots of cross currents pushing at the future for real estate1) Massive deflationary forces are in play and are threatening the "everything bubble" along with the record credit in the world today.

SETTLEMENT COSTS: Buyer agrees to pay all settlement costs and charges including, but not limited to, all Lender's fees in connection herewith, including title examination and title insurance fees, loan insurance premiums, all document preparation and recording fees, notary fees, survey fees where required, and all recording charges, except those incident to clearing existing encumbrances or title defects, except if Buyer is a Veteran obtaining VA financing, those prohibited to be paid by a Veteran obtaining VA financing,which prohibited charges shall be paid by Seller.

I can't seem to figure out the transfer tax when recording a Quit-claim deed.

I think you will find that our current circumstances has created a very opportunistic time to obtain a better return on your investment by purchasing single family rentals.Overall effect of Coronavirus:Vacation & short term rentals have seen a decrease in demand as fewer people are traveling.Interest rates have hit all time record lows allowing for the best financing terms to lock in 30yr fixed rates that we have Never seen before!