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11 October 2024 | 11 replies
Also, we inherited that tenant when buying the property at a foreclosure sale and section 8 was very helpful in providing all documentation, last signed lease, renewal or rent increase instructions, inspection information, etc.
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10 October 2024 | 14 replies
Quote from @Joshua Thang: Yes 2 closets, minimum height requirement met, it's bigger than the bedroom than the other rooms that was considered a room, 1 window, and 1 door.Personally, I'd have the loan officer do an onsite walkthrough of the house and document the third bedroom for underwriting.
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17 October 2024 | 23 replies
There are short term construction lenders FULL DOCUMENTATION, the whole novel of borrower past 30 months.
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12 October 2024 | 9 replies
If the issue is more involved or personal (for the tenant), I would probably choose to speak over the phone about it, BUT if there is a result from the conversation that I wish to document I can send a follow-up text to do that.
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12 October 2024 | 12 replies
I got them to prepare the necessary OAs with my objectives in mind and file any required documents.
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13 October 2024 | 23 replies
They way full doc programs work is they use this worksheet: https://content.enactmi.com/documents/calculators/Form1038.C...This approach will allow you to add back the paper loss of depreciation, and add back mortgage interest, property taxes, insurance and any HOA dues.
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11 October 2024 | 17 replies
It does Require more documentation as you’ll need to document the time of others, but that’s the way to do it
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10 October 2024 | 17 replies
Most of this would depend upon the trust documents and how it is setup but generally you would not need to file a trust return right away.
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11 October 2024 | 5 replies
In the closing docs, there was a document that signed over the rights of the current lease to me.
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15 October 2024 | 24 replies
The roof is their responsibility, and they may have insurance that covers this.Contact the LLC: If you want to notify the LLC about the fallen tree and request the removal of other hazardous trees, sending a certified letter is a more formal and documented way to start.