Mary Baccellieri
Anyone aware of housing rules after FHA streamline refi?
Hey everyone,
I purchased my multi-unit property in June 2019 using an FHA loan and then did a streamline refinance in July 2020. I know FHA loans require that you occupy the property for at least one year but does t...
Bob Alva
Question about Refi on a 30yr adjustable
Hello everyone, I took out my first commercial loan a few years ago for a multi-family. It's 30year amortization, but first 5 years were fixed and on the 6th year it will auto adjust to the libor rate plus 2.25%, the...
Jeremy Chaudet
Keyless Locks & Self Showings
Hi, We have been considering using Codebox type lockboxes for self showings but have been concerned about prospective tenants or vendors not putting the keys back in the lockbox. This gave us the idea to look into key...
Jingmin Zhang
Real Estate Listing and 90 days rule of DOMP
Hi all,I was about to post my first listing on MRIS and got this message: "The listing has not been off the market (Expired or Withdrawn status) long enough (90 consecutive days) to reset the DOMP." Does this apply to...
Sathish Subramanian
Sell your Primary turned rental to your LLC
Hi,Most likely this question could have came in the past, just could not find a straight answer. Hoping some of the experts here could answer or point me to right thread if answered already. Okay the situation is I m...
Eric Lee Nation
Commercial Loans for Residential Property
I realize I am new to the investing in real estate and all, but I just wanted to share this as it helped me purchase my first rental property. I recently acquired a 2/1 for 49.9k with 10k down plus 1200 or so in closi...
CJ M.
Commercial loan terms in Jan, 2024?
Hello,
Full transparency :) I'm 'green' when it comes to commercial real estate as I typically invest in single family and duplexes. Anyway, I came across a 12-unit that I wanted to run some rough numbers on. From wh...
Alex Yakubovich
STR and 1031 Exchange
If I have an STR (Short-Term Rental) property and have utilized 100% of the Short-Term Rental Depreciation for that property, what would happen after I execute a 1031 Exchange? Would I be able to claim new Short-Term ...
Account Closed
First Time Buyer; Duplex
What's up guys,First time investor here in Florida, west palm beach area.Im about to close on this property, home inspection is tomorrow.500K duplex, 3 Bed 2 Bath each side. 2300 Sq ft total. Has decent size backyard....
Peter Halliday
Loan modification strategies
I have two months left in a forbearance plan and am starting to think of how I want to modify the loan. I’m curious what people favorite things to offer.
I’m hoping to end up with a slightly higher payment. Offerin...