Maryann L.
HAFA 90 day hold?
Does anyone have a clear picture how the HAFA 90 day hold will affect those of us who use transactional funding?
How can we pre-determine if a property falls under the new HAFA guidelines ahead of time?
I'm not a ...
Kelvin Tam
2%, 50% & 70% Rule?
Hi all,Yesterday I was listening to one of the Podcast and they said about the rule of thumb for 2% rule, 50% rule and 70% rule in real estate investing.I tried to run a search in Google but it did not really explain ...
Kelly N.
How much cash to keep in reserve?
Hello all,
We are just staring out, closed on our first rental property in January and waiting to close the second. Our plan for the the first year was to purchase two cashflowing properties, then use the cashflow ...
Nicholas LaGatta
Adair Park Historic District - What to tell Urban Design Comm.?
Hi all,I bought a 1925 duplex on Metropolitan next to "the green store." It's in the Adair Park Historic District. After a car crashed into the front of it, I decided to try to lump all exterior changes I might want...
Justin Rank
Multi Tenant Metal Contractor Garages/ Warehouse Bays
Hello everyone,
I've been looking at a piece of land that is just over 3 acres to put some multi tenant industrial/contractor bays here in Massachusetts. Generally, I'm looking at about 1,250 sq ft per units but may ...
Scott Jensen
When does flipping homes in a SD IRA create UBTI?
I am reading mixed things online about the tax implications of flipping homes inside of a self-directed IRA. When is a non-financed house flip inside of a SD IRA or Solo(k) subject to UBIT? Is one flip ok? One flip p...
Jennifer Wilson
How Will Fannie/Freddie Resort Condo Guidelines Impact Market?
As of today, Decempber 7th, 2020, Fannie Mae and Freddie Mac put out new Resort Condo Guidelines that determines if a condo project will be considered ineligible for their standard financing options. From the rough o...
Charise Walker
The horrors of 203k loans!
I’m a first time home buyer and decided to go FHA 203k. The first mistake was buying a property that required a complete gut. I was sold on the fact that I had a ”good team” from my real estate agent and I would have ...
Tony Hightower
House Hacking Strategy. 4+ loans, Is this possible?
I know there are several discussions about how to maximize loans and how to order them and after 4 and 5 there are different down payment requirements. Let's say i want to get several doors with as little out of pocke...
Alex E.
FHA loan requirement - primary residence
I want to know for how long are you required to have a property as a primary residence if it is under a FHA mortgage loan, and assuming that it is a multi-family.I heard that after one year, you can move out of the pr...