Jonathan C.
FHA 90 Day Flip- From Date of Settlement or Date Deed Recorded?
Hi- apologies if this has been asked before, but is FHA 90 day rule from the date the property was purchased (settlement date as shown on HUD), or the date the deed was recorded?
Thanks, Jon
Masashi Borges-Silva
Networking in New York City Area
Hi everyone!I moved to NYC 4 years ago for a career change, and I have been thinking about how to get out of my student loan debt faster and create passive income to retire early by having a financial freedom.I am mot...
Jessie Huffey
Subdividing rural land in North Idaho
For those of you who have any experience successfully re-zoning land so you could subdivide, I would like to hear how you did it. I currently have a 16 acre parcel zoned as rural residential 10 that I would like to br...
Sam Pat
Loan Assumption on a commercial property
Hello BPI am new to this BP Forum and have a newbie question about "Loan Assumption" and pre-payment penalty clause on a commercial property I am interested in.Property value (asking price) $1,500,000Original Loan amo...
Travis Limbocker
First Deal. Duplex Out-of-State
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Kansas City.
Purchase price: $135,000
Cash invested: $5,000
Sale price: $153,000
Contributors:
Robert Musall...
Ivan Duschatzky
Buying Single Family House as Multi Unit Property
Hi,
I am looking at a great deal... 25% cash on cash returns or so and a 6 to 7% cap rate in Miami...
The house is a Single Family home (3 bd / 2 br in the county website) that is priced in line with other single fa...
Ivan Duschatzky
Single Family House being used as Multi Family - good purchase?
Hi,
I am looking at a great deal... 25% cash on cash returns or so and a 6 to 7% cap rate in Miami...
The house is a Single Family home (3 bd / 2 br in the county website) that is priced in line with other single fa...
Clay Fouts
Why prevent a church from applying property tax exemption?
I'm a residential landlord myself, but this question regards a puzzling situation in my church's relationship with its landlord. The church has a NNN lease on a building that includes a shared parking lot. How the par...
Brendan L.
Owner occupancy requirement only to move in within 60 days
A conventional mortgage owner occupancy clause only states that they must intend to move in within 60 days. There is no written minimum length of time they must stay. If they move in, but their dream home comes on the...
Sandra Regnell
Tenant selection Question
When selecting potential tenants, what is the legal justification for not selecting tenants that meet criteria (in the event that there is more than one application that meets criteria and there only one single family...