Amy Fortes
Massachusetts Condominium by-laws
Hello,
I am a landlord of a condo in Massachusetts and am considering selling while my tenants are still in a lease term with me. I think there may be some condo rules/by-laws that prohibit this (that when a unit is...
Brianna Salas
Appraisal Question regarding low income comps
Question for appraisers or anyone who has knowledge on this type of situation:
We purchased a home at a trustee sale and learned after there was a Housing Authority Restriction. It essentially stated that the home wa...
Chris Bounds
90 Day Flip Rule FHA
Question for flippers and the 90 Day rule for FHA financing: Can you enter into contract prior to the 91st day, but wait to execute on the 91st day?Example where the 91st day is 11/10/2015A buyer comes along today (10...
Michelle Sangalang
W-2 High income looking for ways to minimizes taxes with Real estate license
Hey BP Team!Looking for some advice on how to minimize taxes in CA. Here are the facts:1. High income W-2 ($400k+) earner and would like to keep my job.2. Own 3 LTR properties all in CA under a Trust.3. My spouse and ...
Ankit Desai
Buying new Townhome around Charlotte area
Since this market has been really hot right now, I am looking to buy my first townhome for rental investment. Is it a good idea to do so? I understand price has gone up so much. I am thinking outskirts of Charlotte ar...
Dmitri L.
Cash-out refi issues in TX
Hi All,I have a TX rental (~250k market value, ~80k loan balance) and want to pull some cash out of the equity via a cash-out refi/heloc/2nd mortgage. Unfortunately it looks like there's some rule against the combinat...
Grant Shipman
Syndicators & Capital Raisers: Avoid SEC Trouble!!
Hey BiggerPockets Community,
If you’re raising capital for real estate syndications, you need to be aware of SEC regulations—because one wrong move could put you in serious legal trouble.Many new syndicators think th...
Hen Ley
Exceptions to the 2% rule?
I'm looking at purchasing a single family home as a rental in the ski/resort town of Sun Valley, ID. Based on the asking price, it falls short of the 2% rule, instead coming in at about .5%. I know their are some ex...
Edi C.
How to void a rental restriction in a Condo Association
Hi folks, I don't know if there's any way to approach this and solve it: - Condo purchased. I was living there the 1st year but I'm no longer there. - HOA states a 2-year non-lease term. As of now, 9 months to end it...
Richard Pennington
Purchasing a townhome
So me and my future wife have seen hours of videos on the BRRR method, ADUs, cash on cash returns, and utilizing the way of adding equity into a home. We plan on using a money marketing account to save with until we b...