Sejin Kim
Buying a condo with special assessment
9 January 2025 | 4 replies
You should be able to get something like the assessment will not exceed X.As to the negotiation with the Seller, what are you willing to accept for the assessment?
Nate McCarthy
How to extract equity from turning basement into rental unit on paid-for house?
10 January 2025 | 2 replies
Cash out refi only if the rental income significantly exceeds the monthly payment and you want liquidity to invest elsewhere.2.You can maybe do a HELOC if you want a smaller loan that doesn’t involve refinancing the entire house.3.
Sol Baum
Re: No due diligence-commercial
5 January 2025 | 5 replies
How about a sales contract with contingencies but with a limit where the buyer can only terminate the contract if their find material defects exceeding a certain dollar amount.
Kin Lay
How to transfer my share of the house to my brother?
13 January 2025 | 4 replies
If you gift your share, it may trigger gift tax filing if the value exceeds the annual exclusion ($18,000 for 2024 and $19,000 for 2025), though no immediate tax is due if under your lifetime exemption.
Sherylyn Holden
New Short Term Rental Rules in San Antonio, TX
30 December 2024 | 13 replies
Here is the email received"An internal audit has been completed for STR permits and our records indicate that your STR permit was issued in error due to exceeding the maximum 12.5% blockface density.
David Cherkowsky
House Hacking with Basement Airbnb in Old Town Alexandria
2 January 2025 | 9 replies
The bullet in the response that is standing out to me is:"(7) The accessory dwelling shall not be a short-term residential rental, as defined by City Code section 3-2-152(a)(2), for a period exceeding 120 days per calendar year."
Bryce Allen
My First Commercial MF and Commercial Loan
9 January 2025 | 2 replies
The previous owner took exceedingly good care of the building and there was nothing that need to be done except to raise the rents.
Alex Tang
Opting for Actual Cash Value vs Replacement Cost if Home Damaged by a Fire
12 January 2025 | 3 replies
I want to rebuild but the cost will most likely exceed what it’s worth.
AJ Wong
Ten Real Estate and Economic impacts of the LA Wildfires
14 January 2025 | 1 reply
The loss of priceless art, jewelry, autos, memorabilia and watches could often match or exceed the property values.
Fara Heath
Best way to finance this deal?
10 January 2025 | 1 reply
Most of the lenders I work with (provided you have experience and a credit score over 660) would do up to 85% of the purchase price and up to 100% of the rehab costs, provided this doesn't exceed 75% of the ARV.As for the idea of selling the land, great idea.