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Hi Lending Specialists! I was talking with a lender today and he was under the impression that loans processed through Fannie Mae’s Desktop Underwriter (DU) would not be subject to the dreaded due on sale clause if th...
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I have a property that I need to put a hot water heater in. Any suggestions on what to use? Is one from home depot fine or should I go with something different?I know price for install would vary depending on the area...
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We are considering moving to a new home and renting out our current home. My question is how this works—I am thinking we would transfer title to an LLC, but do we have to notify the lender? Can we just keep making the...
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I’m a real estate agent that flips houses as well. I was looking for ideas to minimize my tax impact without using a 1031. Thoughts?
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Hey everyone, I decided to buy a 3 unit building in Los Angeles not currently on Rent Control (was built in the 80s) Will AB-1482 affect me ? The existing tenants are paying way below market rents.
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Curious if anyone on the forum has experience with the tax-free sale of a primary residence (up to $250k if single) concurrent with military deployments.
1) As I understand the tax code, if you live in a h...
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Totally meant to post this like a year ago. On page 292 of the document, which is page 309 of the PDF. That link is to the servicing guide for Fannie Mae loans that was updated on 11/8/2017, so the page number and inf...
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Greetings,
My name is Noah, and I am interested in exploring the field of hard money lending. Unfortunately, I do not possess the personal capital required to fund loans myself. However, I have a valuable network of ...
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I have what seems to me to be a potentially complex question, som here goes:
I own a lot in my own name. This lot is actually 3 combined build able lots (yes it's all legal/permitable, etc so please don't ge...
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Hey Everyone, I am wondering if I am able to hire my own property manager that would work for my company? It seems that you have to go through a real estate agency, and have a licensed agent do it for you. I ask becau...