Damon Aniton
VA Loan Eligability
So I am trying to see if I understand my options properly.Assuming income and credit qualify. The maximum VA loan limit eligibility is roughly 726k. I took a loan of 479K. That is a difference of 247k.That means if...
Mik Vel
Question about MTRs and condos
Hi all,I own a condo and I am thinking of going down the MTR route vs long term. I just found out that They don’t allow leases that are less than 6 months.Any thoughts on how to overcome this challenge? Also, have yo...
Nikki Kofkin
Rental Restriction Vote, Pros and Cons?
Hey everyone! I bought a great 1BD/1BA investment condo at auction a few months ago, and I was just notified that I must turn in my vote on the new rental restriction policy they are discussing by tomorrow at noon! It...
Account Closed
Texas Supreme Court AirBnB Decision.
The Texas Supreme Court gave a major win to short term renters in Texas today. Here is a great article about it.https://www.texastribune.org/2018/05/25/airbnb-hom...In short, Texas HOAs will find it basically impossi...
Mike Cichy
airBnB in subdivision HOA rule says for residential purpose only
Hello,I am looking to buy a house in my subdivision and wonder if I can make it an airBnB?The HOA rule states, that lots are for residential use only? Does someone have any experience with that? Thank you for your fee...
Adam Bradley
BRRRR - How long until I can ReFi?
I am looking to purchase a house for $50k that is worth $70k for cash. I understand that banks like a property to "season" for a year before they will refinance.What I do not understand is if this applies to:1. If you...
William Coet
Deed Restriciton to Prevent Competition
Hello,When selling a piece of land can a deed restriciton be used to prevent the buyer from developing a certain type of asset on the land (commercial, multifamily, etc)? Can the deed restriction be lifted by future o...
Rick Wright
Wholesaling a Short Sale
I recently received a call from a motivated seller. They are trying to avoid foreclosure on a home they no longer live in. The most recent comps are 135-150K, they owe 112k and by the sound of the phone conversation i...
AJ Wong
The AirBnB 'Bust' will soon be a Boom.
The days of oversaturated vacation and short term rental markets might soon be coming to a close.
Without question the Pandemic fueled activity and mortgage rates drove investment and inventory of STR's and vacation...
Lei Lu
Short Term Rental Investment Properties Dec 2021 - Feb 2022
Hi STR investment elites,Are you strategizing for 2022? What is your goal? Which market are you going to invest and why? Let me hear your reasonings!