Trenton Cottrell
Can a 203k loan be used to convert a single family into a duplex?
I know 203k can't be used for whatever you want. Usually 203k loan is to make necessary improvements to the property. I see a deal, where it used to be an over/under duplex then it was converted to a single family hou...
David Conti
Can a cash sale be used as a comp for an appraisal in Florida?
Hi, I have a question. I am selling my house and was told that a recent sale in the area can't be used as a comp when the appraisal is done. I'm in Florida. Is this true? Where would this be written?Thanks,Dave
James Carollo
Can a contractor use rehab loan to pay his own crew on a flip?
If the investment property is purchased by separate LLC., can I use the rehab loan money to pay my contracting company (LLC) to complete the phases of work? Is there a conflict there? What’s the best way?
Federico Gutierrez
Can a plumber cancel a permit after it's been passed by the (MN) city
To make a long story short.I'm having pay dispute with a plumbing company who I hired to fix a broken sewerage line that had snapped just before the clean out under my basement. It was part of a condition on the closi...
Trist Baylon
CALI-How many days can a tenant leave and re-sign a new lease?
I bought a house and and inherited a good tenant for a room rental.He agreed to vacate with a 60day notice since we will be remodeling.How many days is it legally for them to vacate and apply for a new lease with incr...
Rob Burgess
Section 8 in Texas- can a house be priced too high to accept it?
Totally new to section 8 and trying to understand it. I am open to accepting it (If I read correctly TX is one of the few states where you don’t have too - a whole other discussion topic). My question is: I have m...
Marcus Rodriguez
Can a LLC get a loan for 1-4 unit investment properties in Texas?
Can a LLC get a loan for 1-4 unit investment properties in Texas? If this is a thing, can anyone refer a lender, please? If it is not a thing, can anyone point me in the direction (books, podcast, blogs etc...) for ...
Chance Love
Can a HELOC be used on a future primary home as a down payment?
I've lived in my primary home for 10+ years that has a great amount of equity and I'm considering doing a HELOC and turning my current primary home into a rental which will produce great monthly cash flow based on the...
Jorge Leon
Can a commercial building be financed at a higher price that the appraised value?
My father has a commercial building in a very busy street in Chicago. A church is currently leasing it for $5,000 a month. The church people asked my dad if he would sell them the building. They would have to finance....
Account Closed
Can a properly licensed mortgage loan originator be sponsored by more than one lender?
I have gotten mixed messages on this. As a properly licensed MLO can I take apps for more than one sponsoring lender in my state(s)?
If so, don't I become a sort of mini-broker: Shopping my apps to my multiple spons...