Preddy Skotha
Cash out Primary residence and Payoff rental
5 March 2020 | 10 replies
My pretty aggressive cpa shot this idea down as I don’t declare my primary home interest (it’s less than the standard married deduction.) if this was argued/allowed you could declare any loan on your primary was really on a rental.
Aaron S.
Establishing a "damage baseline" for slobby tenant accountability
4 March 2020 | 0 replies
So, I'd like to at least reset the baseline and make it absolutely clear.One thing worth adding: They're running a business in there, any I wouldn't necessarily put it past them to try to blame me for damages they've started to cause over the long term (before my lease took hold) hurting their business.What are some standard ways to deal with this?
Justin Gottuso
How to sell a unique property (ADU duplex in Los Angeles)
21 March 2020 | 42 replies
Without the appraisal matching or exceeding the offer, standard financing is not available.
Mitchell Wyatt
Work with only one lender?
6 March 2020 | 6 replies
Then you've got portfolio lenders that don't necessarily conform to Fannie Freddie underwriting standards but to the guarantor's credit and the property's cash flow.
Abraham Pereda
Can I get a loan to build an apartment building in Mexico?
5 March 2020 | 2 replies
I couldn’t just transfer money between my accounts but has to make international wires.
Emanuel Ohunwu
Investing security deposits in the stock market.
7 March 2020 | 27 replies
With any small claims action in Texas, my standard answer is you will not.
Eric Boring
Lien holder won't allow property to be rental; Refi options?
6 March 2020 | 9 replies
They said this is standard among most lenders because Fannie Mae and Freddy Mac have set those rules.
Mike Ficzner
Property Management in Cleveland Oh: tax return = moreownership
5 March 2020 | 0 replies
Homeownership may be one step closer than you think if you spend your dollars wisely this year.Based on data released by the Internal Revenue Service (IRS), Americans can expect an estimated average refund of $2,962 when filing their taxes this year.According to programs from the Federal Housing Authority, Freddie Mac, and Fannie Mae, many first-time buyers can purchase a home with as little as 3% down.
David DuCille
Has Bigger pockets jumped the shark?
30 March 2020 | 29 replies
That may be what it takes to stop having your interns, new hires,etc call me!
Michael Sontheimer
Kansas City Refinance Question
5 March 2020 | 2 replies
Internal bank mortgages (those not sold by the bank) allow me to get a loan at a variable rate (not fixed) and I am okay with that.