Ryan Dunnie
Do FHA rules apply to ADU's?
I will be renting out a guest house in my back yard once I finish fixing it up. Will FHA rules apply? I was told that if I rent a room inside my house FHA rules don't apply. The address of the guest house is the sa...
Marshall Shen
2008 vs 2020 - apply lessons learned?
2008 and 2020 are both years with unprecedented events that impact the economy, and hence real estate.History repeats itself, so are some lessons learned.For real estate investors who have lived through 2008, my quest...
Mike Sullivan
Applying the 1% Rule in Florida
I’ve been doing some brief research into the markets of Jacksonville, Tampa, and Orlando. From what I see most of these areas a lot of people say are very good investment areas. Just by doing a quick look though it do...
Joe Arida
Tenants Sister Applying to Move In
Hi all,My tenants is looking to have a roommate move in with her. I am having the new roommate go through the usual application process (background/credit checks, application form). My question revolves around the sec...
Account Closed
Harm in applying for a HELOC?
Hi BP,I'm a long-time 'browser' of the site who finally decided to take the plunge into Pro membership to fully utilize all this community offers! Looking forward to learning and networking with all you real estate ro...
David Pugh
How to properly apply tax deductions
Hi all - I'm just starting out my plans to invest in a rental property. I've built a pretty good model, but I'm trying to figure out one key aspect around taxation. For my example, let's assume the following year 1 pa...
Garan Kama
Home improvements before applying for HELOC?
Good evening everyone,I want to get your thoughts on whether repainting the exterior and rehabbing my landscape will alter the appraisal of my home enough to warrant the cost of said updates. According to the Zestima...
Frank Apap
Home Equity - When can I apply?
Here is my situation. About a year ago I purchased a "tear-down" home and started new construction (we'll call this new home). I've been funding the new construction using a HELOC on my current home ("old home")....
Maura Paler
Conventional Loan - Apply to 2 Banks?
We are in contract for a single family investment property (vacation rental). This is our 4th VR investment property, will be our 3rd mortgage. We have been pre-approved by one bank (which is no guarantee of a loan we...
Jose Delgado
Tax abatement approved but never applied
Hello everyone, I am buying a condo for the first time which according to its documentation it has been approved for 10 year tax abatement in 2017. However, this was never applied by the city of Philadelphia and I am ...