Hi everyone,
I am a first time home buyer and in the process of closing on a townhome in the Seattle area and my mortgage broker informed me of a quirky stipulation with loans via Fannie Mae. Apparently if its a new ...
Here are my standards...any additional advice?Contract Stipulations:-Outstanding property taxes shall be pro-rated between Buyer and Seller as of closing date.-Property is being purchased in “AS-IS” condition. Seller ...
Hi, I am about to submit an offer on an apartment complex, and will have a financing stipulation. I am looking for 80% LTV, but what if the only financing I get offered is 70% LTV. Would I have to take it, or can I ...
I am a New Investor in TX. As an exit strategy, can I refi. a HML through a bank and/or are there restrictions to do so in the state of TX?Going to close on a deal but if something goes wrong want to make sure I don'...
Hi, I recently bought a triplex in Florida that was built in 1920. If anyone here knows real estate in FL 1920 is super old and there is obviously a ton of damage to the property. It needs a new roof, this is my first...
I've been working on my first buy/hold deal and have hit a small bump. It has to do with rehabbing yourself. My bank is stating that I'm not allowed to perform work myself and I have to use a G C. With this being my ...
i have instant booking on my airbnb account and the only stipulation is agree to house rules and government id (and verified of course). the first booking came through instant...the second one though i had to accept ...
I have a client who just recently bought his first home and now wants to rent the home, as his parents are moving to Florida by years end and don't want to sell their home. He will live in their nicer more updated hom...
I have refused to rent to anyone for the last 25 years that even works in a lawyer's office, like IT even. My Broker brother rented to a lawyer ONCE, the guy lived there for 2 years without paying rent. Right now, tal...
Hello,
Would you assume a loan on an apartment complex that was actually bonds? From what I can tell the city sold bonds to pay for this apartment complex. They are assumable (Variable Rate)(BMA).
If you assume th...