Jean G.
Wrapping / subject-to USDA loan
10 May 2024 | 5 replies
In our situation, if the loan gets called it doesn't seem like it would be a huge problem, as we could just pay it off and the list the property and get the equity (probably $30k to $40k after selling expenses, assuming the market hasn't dropped).Thank you in advance for any feedback anyone is able to provide on the subject of a subject-to sale with a USDA loan.Jean
Oliver Martinez
Mortage/Financing for 75k and under
10 May 2024 | 11 replies
Conventional financing doesn't really have a minimum loan amount, it just depends on whether or not the loan passes compliance.
Thurben James
Would you prefer a debt partnership or Equity partnership with your investors?
10 May 2024 | 6 replies
A lot of it depends on what the deal can support as well from a return perspective.
Vishal Amin
Cleveland, Ohio local credit unions?
8 May 2024 | 14 replies
Hi Vishal- It is quite difficult to source lenders who will provide a loan amount under $100k.
Cory J Thornton
New Construction VS Existing Housing
10 May 2024 | 23 replies
Big, big difference.This is dependent on location of course, but one reason I prefer existing homes is that you are not only buying the physical house, but also the existing rules and regulations.
Jay Dhanak
Good areas invest in Greater Seattle area
10 May 2024 | 18 replies
This is a pretty broad question and really depends on knowing your budget/price point before being able to recommend the best areas to focus on!
Steve Hassan
Tree removal in Dallas TX
9 May 2024 | 3 replies
They're known for providing quality service at fair prices, and they might be able to give you a better quote than what you've currently received.
Jason Frink
Out of state investing tax benefits.
10 May 2024 | 15 replies
Depending on how you set it up, it won't reduce your earned income, but there may be benefits to making the rent itself tax-free for many years or at least reduced (assuming you never recapture depreciation).
David Ounanian
What is the standard for raising rent?
8 May 2024 | 2 replies
The standard for raising rent varies depending on local laws, regulations, and rental agreements.