Hi, I am considering changing my property management company. I reviewed the PM agreement and also talked to him. The catch is that once they get a tenant in, they are entitled to receive property mgmt fees for as lon...
Hi Everyone,I’m interested in a property but would like to change the zoning from residential to commercial us there are properties that have already done so on the same road. Interested to see if the process is comp...
Hi everyone, I was just speaking to a mortgage broker and he revealed some chilling news that was released on March 10 by Fannie Mae (Google Lender Letter LL-2021-08.) As a condition of bringing Fannie Mae back to its...
The typical cash out financing is done after 6 months of owning the property, based on ARV and available for mortgaged properties #1-10.On a primary residence you can pull out up to 80% LTV on a SFR and up to 75% LTV...
Dear all,I am completely new to real estate investment and got a question here. Considering the higher down payment and interest rate for rental property, could someone buy a property claimed as personal residence in ...
For example, a tenant in a property puts down one month security deposit at the signing of the lease to landlord A. The property is sold to landlord B half-way through the tenants lease.
Now the lease is up and I ass...
If I'm understanding how the new tax laws affect RE investors, I'm surprised there's not more talk about this. It seems that unless you qualify as a "rental property" (currently or actively trying to rent), then no e...
Hello,I am currently in contract on a duplex and both sides are rented with the leases both ending May 31, 2019. I have a different property management company than they currently use. The current lease is very brie...
We're looking at a fourplex in Marion, IA which was recently converted to a CO-OP to get a residential rollback on property taxes. Should we expect our purchase of the property to trigger a re-assessment of the proper...
Can some one please explain the new rules with the tax lien properties that start on January 1, 2020. With this new law would it be smart to fix up the house?