I'm looking into taking out a HELOC for a future investment. I understand the HELOC fixed rate repayment (just like a mortgage). What I'm not sure I understand is the HELOC repayment process on a variable interest r...
Has anyone filed a petition for "Fair Return" with the City of Oakland Rent Adjustment Program? If so what did you do to prepare? Did you consult with an attorney or use any other resources? Was it a successful outcom...
So I am meeting with the commercial division of my local bank tomorrow. They have done my last three conventional loans, and with my primary residence I am at the limit for 20% down easy money. My loan officer said t...
I had already been tweaking rates for next year, but I got an email from VRBO today urging me to follow the link and do just that. Not surprised at all when their suggestion was to lower my rates.....As a businessman...
I'm currently in the process of refinancing a 2 family house which has two 4 bedroom 3 bath units in it. There are a shortage of multifamily comps in my area and the comps that were used are all 2 bedroom 1 bath two ...
How are folks adjusting their maintenance/repair and cap ex expense estimates when an HOA is present? My thought is that maintenance/repair would stay the same, but eliminate the cap ex since the HOA covers those typ...
Given the economic turmoil and the recent Covid-19 outbreak, I'm curious how folks are adjusting their due diligence on properties they might lend on? How are you looking at ARVs now and the impact this may have in t...
Is it possible to balance out Adjusted Income levels when selling and purchasing a property. I want to sell a property but when I do that my Adjusted income level will go up because of net proceeds. Its an investment...
Hi all, I have owned a multifamily rental property in Troy, NY for a few years now. Unfortunately there was a small kitchen fire in one of the units this week. I opened a claim with my insurance company immediately,...
I recently suffered a drain blockage issue in the basement. The insurance company cut me a small check for "back up" issue, while it's actually a blockage issue. I am considering hiring a professional public adjuster ...