Brandon Blankman
FHA to Conventional to a Second FHA?
Current situation: I have a FHA Loan on my property and would like to refinance it in order to go purchase a multifamily to owner occupy. I have lived in the current property for 3 years and have near 20% LTV with a n...
Chris Ready
Advice on rehab budget for ceiling water damage, WDO and mold
Hi all,Currently working on first deal and still getting to grips with rehab budgets. I have my eye on a 3/2 (1400 sqft) but there's a few issues that need to be rehabbed. I was wondering if anyone had any advice on h...
Jerry Simons
Florida ststue 718.113(1) and 718.111
Florida ststue 718.113(1) states Maintenance of the common elements is the responsibility of the association: elsewhere is also includes repair and replacement.
In another statute, 718.111 it states...
Ephrem Bekere
how hard is it to refinance? What do lenders look at?
When looking at a refinance, what do lenders look at? Do they just look at the rental income and refinance it based on that? Or do they look a your credit score and your W2 income? As a 21 year old with 2 part time jo...
Simond Wong
Tax Impact to Transfer Parents houses to me
BP Fam,Please seeking some guidance on managing tax impacts to me, to transfer my parents homes to me as the owner. All the homes are paid off. I am based in Pennsylvania. I assume They should be able to gift all of ...
Darwin Mickelson
BEST Preliminary Title Search tools or services
What is recommended as the least expensive way to make sure there are no outstanding liens on a property, if you are examining an out of state property?
Apart from personally going to the recorder's office to view tit...
Chantel Gaaskjolen
Extending a lease MN
I have a tenant whose lease is coming to an end. She would like to sign for another year. No changes (rent the same, etc). Would I just have an addendum for the additional 12 months? Does anyone have an example/tem...
Todd Lawrence
Purchasing a property under an LLC
I'm sure this has been discussed on here before, but I can't find it anywhere.I have purchased a property under my name and fixed it up (not all the way/ was planning on rehabbing but realized I was running out of mon...
Erik Fredriksen
VA Loan VS. Conventional Loan
Hello Everyone,
I looking at buy my first home I have the option of using the VA loan but I do have money to put the 20% down. I heard from some people a Conventional loan is better if you can but never a real good...
Chaim Rosenstadt
foreign taxes schedule e
HIIf a us citizen living abroad owns rentals, and fills out schedule E, can foreign taxes on rent be considered part of the TAX expenses column/deducted?thanks