23 November 2018 | 2 replies
I also discovered that with Payoneer it is much easier to receive payments from US registered companies but there are regulations&restrictions if you try to receive funds from individuals.
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24 November 2018 | 3 replies
If it is a house you can restrict the amount of unrelated persons however because then you could be considered a boarding home so that could possibly be a loophole around it.
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25 November 2018 | 2 replies
Florida is also one of those states with some of the most restrictions on pools...must be gated and sometimes alarmed.
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26 November 2018 | 2 replies
There was a lag in getting info due to the available HOA rep not knowing and the holiday to get rental restriction info since it wasn't clearly spelled out in the covenants.Found out today that they limit it at 5% of units or 7 total.
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30 November 2018 | 18 replies
That said, please indulge me for a couple of follow-up questions.Brian indicated that a disqualified person cannot be involved in ANY way with the entity purchasing the asset from the plan; however, I wasn't sure if the restriction for sure applies only when the asset being sold is WHOLLY-owned by the IRA.
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28 November 2018 | 20 replies
I think the market is going to be super tight given the restrictions above.
28 November 2018 | 7 replies
Have a lender look into the Home Possible program for you. 5% down on a multi-unit if you occupy the property and meet the income restrictions for the census tract.
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3 December 2018 | 7 replies
Here's what you need to know (this was taken directly from the Fannie Mae selling guide):The basic "Second Home" Requirements are:must be occupied by the borrower for some portion of the yearis restricted to one-unit dwellingsmust be suitable for year-round occupancythe borrower must have exclusive control over the propertymust not be rental property or a timeshare arrangementcannot be subject to any agreements that give a management firm control over the occupancy of the property***If the lender identifies rental income from the property, the loan is eligible for delivery as a second home as long as the income is not used for qualifying purposes, and all other requirements for second homes are met (including the occupancy requirement above).So as long as you can fit the second home into those points above, you can acquire financing for a 2nd home.HOWEVER (and this is a big however) there are these things called OVERLAYS.
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16 March 2019 | 12 replies
If you are restricted and can not replace a new leach field into your old leach fields location- you need more dirt.
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28 November 2018 | 6 replies
Condos tend not to be great rentals: you can have high HOA fees, restrictions on renting, etc.