David Rutledge
Vacation/second home loan question
14 January 2020 | 4 replies
The guideline says that it "must be occupied by the borrower for some portion of the year" and that it "cannot be subject to any agreements that give a management firm control over the occupancy of the property," among other things.The prevailing interpretation is that if YOU control what days/weeks/months it's available to the public as a STR on airbnb (or whatever platform), then YOU are retaining "control over the occupancy."
Ryan Crofford
Wholesaling Dayton Ohio
28 August 2019 | 7 replies
@Ryan Crofford If I could give you any advice it would be to forget about wholesaling...its pointless to ponder away the power of equity and building a massive portfolio simply because you don't understand how to structure a deal and control or own property.
Nicholas Q.
Using Virtual Assistant as a Property Manager
23 September 2021 | 10 replies
., we have used VAs for other businesses and they can be a viable option, but there is often a steep learning curve and you need to be willing to let go of some of the control and accept a 'pretty good' job.
Josh Smalley
Garnering Offers From Multiple Lenders With One Appraisal
7 April 2019 | 9 replies
Appraisal is only going to change the amount of cash you can recieve as value will more than likley be different than what you guessed.An underwriter is only going to approve you or not, they do not control what rate and terms you get with the new mortgage.
Tal C.
Memphis Tennessee Property On Roofstock
5 March 2020 | 7 replies
Rooftstock does not have control over the data and listings that are put on their site, I don't believe.
Summie S.
Non Renewal in Newark rent controlled unit
4 March 2020 | 1 reply
Questions:1) Rent controlled unit but not protected tenants, can they use this (which I found on google) against me to find reason to stay as I do not have 'good cause' in their mind?
Jourdan Johnson
Success in lead generation
17 March 2020 | 18 replies
You have full control of visitors' attention.Work with CraigslistNevertheless, it's possible to work with Craigslist without nerves, but it will demand a certain organization.
Ken Latchers
Hello Arbitrage/Master Lease lovers and newbies
19 March 2020 | 12 replies
Please do yourself a favor and seek help for the demons that control you.
Robert Obniski
Can I cite this Pandemic to back out of a deal?
31 March 2020 | 13 replies
But some states have a 'force majeure' clause (the right of a party to suspend or terminate performance when circumstances, which the parties could not have anticipated and are beyond their control, make performance of the contract impossible or impracticable) in their contracts so look into that, as I'd imagine this would qualify.
James Schulte
Capital Gains Tax Questions
20 January 2020 | 11 replies
Purchasing another rental property for 1.2m+ is not something we are ready to do at this point, one bad rental year and things spiral out of control real quickly.