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4 February 2020 | 3 replies
You are typically looking at 75% ltv, 20-25 year amortizations, 5-6% interest rate depending on call period, 3-7 year balloon payment.
7 February 2020 | 7 replies
It's a big portion of your owners' manual.https://housing.az.gov/sites/default/files/documents/files/Landlord-Tenant-Act-ADOH-Publication-July-2018_0.pdf33-1375(B) The landlord or the tenant may terminate a month-to-month tenancy by a written notice givento the other at least thirty days prior to the periodic rental date specified in the noticeIf they cannot produce valid leases, then they are month-to-month tenants.
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21 January 2020 | 2 replies
I think you are talking specifically about capital gains taxes which I think the rule is that if the property is your personal residence for 2 years of any 5 year period then no you don't.
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21 January 2020 | 3 replies
The reason thats important is because when BRRRRing properties, lenders will require a seasoning period to expire before they will approve a cash-out refi.
22 January 2020 | 7 replies
Hello @Tom EndleinRedemption period in Michigan is 6 months, and can be extended to 12 months if the amount due is less than 2/3 of the original loan amount.
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26 January 2020 | 11 replies
I watch the small multifamily market in baltimore closely and there are a couple beautifully rehabbed (but in my opinion overpriced) duplexes that have been on the market for an extended period of time.
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22 January 2020 | 4 replies
Does the interest begin right away or after a certain period?
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22 January 2020 | 13 replies
(a) (1) Subject to subdivision (b), an owner of residential real property shall not, over the course of any 12-month period, increase the gross rental rate for a dwelling or a unit more than 5 percent plus the percentage change in the cost of living, or 10 percent, whichever is lower, of the lowest gross rental rate charged for that dwelling or unit at any time during the 12 months prior to the effective date of the increase.
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22 January 2020 | 3 replies
A right of first refusal in a rental agreement requires the mobilehome owner to inform the park when they receive a legitimate offer from a third party and provide the park a copy of the offer and a period of time to respond with a matching offer.
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26 January 2020 | 12 replies
Credit history for a two-year period prior to this application will be evaluated.