Cory B.
Seller wants to do a Lease Option but may offer seller financing
A relative of mine is looking at selling his house in Las Vegas. I told him I might be interested in buying it to use as my primary residence. We talked and he suggested a Lease Option might be a better route. Althoug...
Dave Egan
Should this EMD have been lost to HUD?
As an investor in HUD properties, the expectation is always to lose an occasional deposit, but this time?
My cash offer was accepted with 45 days to close. 45 days later, HUD could not close. The title officer said HU...
Jeff Brower
FHA owner occupy requirement. One year or majority (6 mos).
Hey all,In the thread below we are discussing what the requirement is for owner occupying an FHA 3.5% down loan. I am saying 1 year, but I have some others claiming you can move out after 6 months because the they say...
Jim K.
Wrong tax bill -- called county office
Just a note: I received a much-reduced Allegheny County tax bill for our latest acquisition, which included the former owner's homestead exemption and a senior tax relief discount. I was more or less expecting this, a...
Jennifer Smith
ADU funding question
Hello!I am trying to decide between two strategies for funding an 80k ADU to be built in my backyard. What would you do?I currently owe 265k on my 301k mortgage, in a house that is worth probably 350k right now. The A...
Oliver Yu
Subdividing Properties for Investment
I am exploring some opportunities to purchase properties in desirable areas with larger lots and subdividing them to build/sell more units. Is there a good resource on learning how evaluate these kinds of deals? Als...
Bill Hargrove
Past due lawyer fees
Hello,I live in New York State and back in 2012-13 I had gone through the foreclosure process but was able to pay back up and currently reside at the same residence. After paying $11,540 and four years I assumed I was...
Lynae Mamey
High credit should I get FHA loan
Hello,
We want to purchase a duplex but a lot of the options require at least 15% if we want to house hack or 20-25% if we buy as a straight investment property. To get around the capital needed for the down payment...
Nathan McBride
Previous Landlord Verification
Recently, several apartment complexes have responded to residency verification requests saying they no longer do them, even at the request of the tenant.My questions are:1. Has something recently changed at the top, l...
Lee Ancona
[Calc Review] Help me analyze this deal
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