I've heard of REO properties purchased by Owner Occupants to be restricted to sell their properties for no more than 120% purchase price for the first 6 or 12 months from time of deed date. But to restrict to non own...
Ok guys I have heard several people say that condos and townhouses aren't as good long term as SFR. There is a townhouse development in my city (Birmingham, AL) that is fabulous location, built about 4 years ago. They...
I have a client who just recently bought his first home and now wants to rent the home, as his parents are moving to Florida by years end and don't want to sell their home. He will live in their nicer more updated hom...
Hi everyone, I’m wondering if there is a general opinion when it comes to trying to find cash flow vs acquiring a property with no cash flow (or negative) but strong YoY appreciation growth. That’s the situation in Au...
Today, I was on the phone with a commercial agent talking about different state laws that affect MHPs. One common law gives all tenants in a MHP that own their own home first right to purchase the community when a sal...
I have a roommate that two days ago left the house that I’m renting with him. He doesn’t answer my calls neither my texts. But today I noticed that he came to the house and moved things around. He have copy of the key...
Hello all, I've been reading up on Fannie Mae and Freddie Mac homes, but still don't quite understand what they are. Can anyone give me a quick explanation of what these are. Any help would be appreciated.Thank youJB
Hi BP, My question is how soon after purchasing a property can I turn around and resell it through a Realtor without doing any improvements, specifically in Maryland? I have been searching for the answer online but u...
Hi BP,I am interested to know if there are any seasoning requirements after a new construction is built. Here's a few key points about this specific case.- Land is completely paid for- All work will be done be sub con...
Hey Guys,
Do you know if an association will allow an owner (condo paid off) currently rented (good ROI) to swap ownership into an LLC?
I know for fact the association hate the fact we rent it, and i dont wanna ask ...