Bruce Woodruff
More anti-landlord action coming?
Not surprising I guess considering the current administration......
https://www.bloomberg.com/news...
Account Closed
Rents under $600/mo and poverty
How many of you have tenants paying $600 and under who aren't living at or below the poverty line? Don't take offense. I'm well aware that $600 can rent some nice units and is enough for a mortgage payment in some ...
Kelsey P.
Is the moratorium on evictions federal or by state?
Just wanted to know where to look to confirm the exact "rules/laws" regarding evictions during this time (coronavirus). Is it federal or regulated by state? I'm looking specifically at Oklahoma. I think the earliest I...
Nick Rutkowski
Mortgage and Rent Cancellation in New Bill
Hey BP, Congress is thinking about passing another stimulus check for the American people. There are two proposals, one outlines 2000/month for each individual and the other stops rent and mortgage cancellation for 1 ...
Jaron Walling
Federal Fund interest Rate - where is the top?
I'm reading and learning as much as possible about the Federal Fund Rate. It's interesting to see the connection with a boom (today) and bust (unknown yet) cycle for real estate markets. Can someone explain why the fu...
Kelly Dietrich
Non Primary House Basis Point Hike
My realtor friend was told by a lender that a memo came out today from the federal government indicating that loans for a non-primary house would go up by 200 basis points effective immediately. Have you heard anythin...
Brian W.
Can the mailman or code enforcement officer help me find deals?
Is it a good idea to ask the mailman and/or code enforcement officer to let me know of any houses they know of that are vacant, for sale by owner, or otherwise potentially a good deal that is practically unknown to ot...
Nate Bartow
HUD 203 f project housing
Hello,
I am currently looking at a property in Cleveland OH, 174 units, 111 of these are currently subsidized by either state or federal housing assistance. Does anyone have experience with HUDs 203 f project housing...
Christopher Perez
50% of Loan Requests get Turned Down Due to Improper Packaging
Preparing Loan Requests That Get Funded Lenders are driven by many factors; one of them is self-preservation. Simply put, no lender wants to make a deal that goes “upside down” Therefore, a would-be borrower, wants to...
Jill F.
Will the eviction moratorium be extended past the end of June?
I don't think the CDC will extend the moratorium again (past the end of June) with vaccines widely available. Perhaps congress will but I don't think so because they won't want it ending in the winter or during the sc...