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My Dad has several mortgages coming up for renewal that are owner occupied. They were all originated before 2014 with 5 year balloons, if he just extends them will it trigger Dodd Frank, second question is if he mod...
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Hey guys, so here's the deal... I'm itching to buy my first 2 family home/investment property but can't decided if I want to A) take out a conventional loan and cover the downpayment with a loan against my 401k or B) ...
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I am looking to secure a line of credit on my investment property. It has an investment mortgage ( notated on banking website). I do not know how that works since it is not my primary home. I know there has been a fr...
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Hi All, I have a newbie question.
I have a town house in Jacksonville, FL. I lived there for 3 years, It’s my rental property (1 +Year). November 2021 it will be 5 years since I own the property. Now the property has...
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Hi Friends,I just noticed this rent relief program recently. We have a unit in Fort Worth and the tenant didn't pay the rent for almost a year. We successfully evicted her in March 2021 for the reason of end of contra...
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Hi everyone, could someone shed some lights on this issue? It has been bothering me. Does the lift on owner occupancy applies to existing ADU built before 2020 in East Palo Alto or other cities other than San Jose? If...
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Does anyone know if mom and pop landlords can apply for unemployment or a forgivable loan under the stimulus? I wouldn't be surprised if over half our tenants don't pay us until this is all over. But we are a small ...
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Hi all,
Today I was in a meeting with L&I customer relationship liaison and have some good news!
L&I launches new/updated Eclipse system starting March 16th.
Now we will be able to request all permits on...
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Hey Guys quick question. On my rental property which is under my name currently. I’m looking to get a heloc to use for a down payment for my next investment property. Question is should I change the property to a LLC ...
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I am signing a purchase agreement 5/6/20For a property that I hope will close on/before 5/22/20, and I hope to have tenants in by 06/01/20. There are some projects that I’d like to do (between the 5/22 closing and 6/...