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28 August 2017 | 3 replies
I just purchased my first multi unit and want to make sure I've got a great accountant on my team as soon as possible.
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29 August 2017 | 11 replies
Does anyone have a suggestion how to get around the Fannie Mae 6 month seasoning and 70% LTV requirements for cash out refinance on multi-fam?
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27 August 2017 | 5 replies
Being online it's easy to get distracted and have a video run through.
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29 August 2017 | 7 replies
I know I can ask the 1031 exchange experts directly here through private messaging but I think this can be a helpful conversation for some other members in the forum.I have a business partner that we own a commercial real estate together 50/50 in Silicon Valley.And both of us have our own residential rentals.One of our conversation was to 1031 exchange our office condo to a multi-family 5+ property.
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26 August 2017 | 13 replies
If he is using a third party servicer, which presumably isn't changing, it seems a service transfer notice isn't needed, but would he need to send a notice that the loan has been assigned?
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11 September 2017 | 33 replies
These include, but are not limited to: residentially zoned land and house lots; three family homes; apartments and tenement houses; multi-family dwellings and housing developments; publicly assisted housing; and, single and two family residences intended for sale.All commercial space, for sale or for rent, and all land intended to be put to commercial use are covered by M.G.L. c. 151B, s. 4.(4) Property Not Covered By M.G.L. c. 151B, s. 4.
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26 August 2017 | 5 replies
I'm north of Boston in Massachusetts which is a very competitive market, and am open to single families, multis, or condos that I can rent for more than the mortgage for a 15 year loan.
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26 March 2018 | 16 replies
Passing off your estimate as coming from another party is really problematic.
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18 September 2017 | 7 replies
My sister and her husband will be moving to Austin for his job next year, and thanks to my constant chatter about BiggerPockets and real estate investing, they're interested in house hacking by buying a small multi-family and renting out the other unit(s) to cover their living expenses.They aren't on BP, so I'd like to help connect them with a few competent, investor-friendly real estate agents in Austin who have some multi-family experience.
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5 September 2017 | 7 replies
Also, for anyone considering the same, the Fannie and Freddie LTV limits for cash-out refinancing are 70% for multi-units (2-4) and 75% for SFRs. http://www.freddiemac.com/singlefamily/factsheets/sell/ltv_tltv.htmhttps://www.fanniemae.com/content/eligibility_information/eligibility-matrix.pdf