Matt Holmer
Fannie DTI ratio with new rental income
Quick question regarding DTI for a Fannie loan. As I understand that new rental income (less then 2 years) is calculated as:Gross rent * 75% - DITI = income added What I don't know is whether or not the DITI still cou...
Raj Kumar
Buying in court house/Sheriff sales or auctions
I have 2 weeks left to identify the replacement properties and finding good deals has been challenging in the last 1 month. I want to go the auctions route either acquire properties in courthouse steps/sheriff sales o...
Andre Smith
Eviction
i have a situation where a tenant didnt pay rent in september. I followed the nebraska eviction procedures. I had a constable try and serve a summons. They didnt answer and apparently i didnt file a paper that allows ...
Adam Schneider
Tips on Subdividing a Property (North Carolina)
This is my first time subdividing a property, and would appreciate tips. The subject property is on 3.4 acres, with the main home and a mobile home. The previous owner had attempted to subdivide, but the mobile home w...
Zack Tremere
Finally bought a house hack now how to find a great tenant !!
Hello,
So I am a long time lurker, first time poster.
After about 3 years of learning I finally saved enough to jump in and buy my first house hack in Hamilton Ontario.
I close today (Sept 26th) and was hoping to hav...
Marc Middleton
FL Investment Property owned by LLC is dissolved - What next?
I don't know if this is a dumb question or not, but I've seen properties in Miami/Broward owned by LLCs that if you look them up on Sunbiz, the LLC is dissolved for non payment, non filing of annual report, etc.
My ...
Onan Dumas
Adding a Member/Owner to an LLC in Texas
Anyone know the procedures in Texas to add an owner/member to an LLC? I believe there isn't any amendment requirements but I am not sure. Thanks for the help!
Vincent Plant
Brand New Landlord looking for advice.
I am closing on my very first rental income property in about 2 weeks. Now, I believe that I got a great deal, I can rent it out and create a great amount of cash flow I just want to be aware of any pitfalls. The prop...
Jake Engle
The probate process
I am in the process of accumulating probate files that have property attached to them. I have everything figured out as far as I have the administrators phone number and addresses. My main question I have about the pr...
Stephen S.
Pasco County Florida eviction of a paying tenant ?
I have never wanted to evict a tenant for anything other than non-payment of rent. And every court document that I have seen appears to assume that this will be the sole reason for evicting someone.
I now ha...