Pete Storseth
Sub2/wraps during the crisis, key to jumping in?
20 March 2020 | 5 replies
Correct, it would transfer the problem to us, and that's only advantageous if 1) we have the cash reserves to handle a vacant property at first while we find a tennant, and 2) if we can fix whatever the problem was that prevented the property from being rented out.
Lexi Bentson
Looking for advice with our first purchase
19 March 2020 | 2 replies
We would like to take advantage of an FHA on a multi family and be owner occupied.
Chris Campeau
Outlook for Interest Rates after COVID
19 March 2020 | 0 replies
While I do like the benefits of small multi-family, one thing I am struggling with is whether or not to focus on taking advantage of the 3-4 unit buildings that qualify for the currently low FNMA financing or to venture into larger buildings.
Bill Horton
Coronavirus - Commercial Real Estate
20 March 2020 | 17 replies
I think its key as it says on the bottom of that page, communication is key and for both parties to not try to get an advantage, we're all going to have some loss from this.
Steve Q.
Covid-19 Crisis - Take Forbearance or Spend Reserves?
5 April 2020 | 6 replies
Forbearance is quite different, and not nearly as advantageous.
Jean Santiago
How does Heloc vs Refinancing Work?
29 March 2020 | 19 replies
I wondered whether I should refi to take advantage of the lower rates, refi out for cash, or wait a while to see what happened and get a HELOC.So in 1990, I got the HELOC, whose rates would vary based on market rates.
Floyd Ferjuste
COVID-19 Recession & buying oppty
31 March 2020 | 14 replies
Debt is cheaper, so it’s important to take advantage of opportunities with a buy and hold mentality.
Joseph Heimann
Repair or Improvement for Taxes
23 April 2020 | 5 replies
The total was more than $2,500.Based on the face value of your posts, if you make a De Minimis Safe Harbor election for the tax year, all costs would be capitalized and it would generally be advantageous to take a partial asset disposition as well.You *might* get to a better answer by forgoing the DMSH and instead applying the Betterment, Adaptation, and Restoration tests.
Peter Nikic
Communicating with your tenants Regarding COVID-19
23 March 2020 | 26 replies
I can’t do that but thought the gesture would buy good faith and avoid being taken advantage of should legislation interfere with evictions soon?
Ryan Daigle
Is Multifamily Truly Recession Resistant?
21 March 2020 | 28 replies
Tenants are going to try and take advantage whether residential or commercial asking for concessions.