Joshuam R.
TRUE OR FALSE - Fannie Freddie
"....If you buy a property and transfer ownership to your LLC, you might have some issues when you go to refinance. Fannie and Freddie will only buy or guarantee loans that are issued to a person, not a business entit...
Jacob Koshy
Is it okay to replace Financing choice on a short sale.
I have an accepted offer for a bank short sale in the SW suburbs of Chicago. When I initially made the offer I put in the financing conditions based on my pre approval. Which is with a 25% down payment. While I was wa...
Clair Lauderdale
landlord obligations to accommodate service animals
Does anyone know under the Fair Housing Act what our obligation as landlords is to accommodate service dogs and if we can ask for documentation to prove this dog is actually a legitimate service dog? Thanks!
Chelsea Ross
CPA hasn't filed 2019 taxes. Anything I can do?
In 2019 I decided to start using a CPA that specialized in REI to help me with tax planning. The CPA was actually recommended on the BP forums. I paid in late 2019, and handed over my documents in March 2020. Despite...
Alex Howard
Friends working for free have rights?
So in my current flip property we have my partners step dad coming in and volunteering his time working on the house with us. Sometimes we are not there and he brings his wife to help or just keep him company. My fath...
Robert Jensen
Underwriting Process is Annoying
This is my first home purchase and I am going through the final approval with the underwriter. I've quickly learned that the underwriting process is illogical, annoying, and can also destroy the entire deal while losi...
Account Closed
What's your RE strategy after the robots take over?
I just listened to a TED talk that outlined the inevitability of artificial intelligence taking over the world. 80% of current jobs are service-based, and robots will very soon be able to replace all of them. We can't...
Hiro Kitagawa
Omitting rental property mortgage from debt
Hello BPers,I just started renting my condo to a tenant at the beginning of April. Upon speaking with two loan officers on conventional loan, I received quite contrasting answers. My questions was if I'm getting ren...
Savannah Waggoner
Masks for walk though?
Our 1st tenants will be moving in on March 1, and are moving from Texas to Colorado. They have requested that we wear masks for the walk through. All mask mandates have ended for all counties in this area. We do not w...
Andrew Nagy
Flat fee MLSs
Hi,I been researching flat fee MLS services because I'd like to control my own sale, and save money. I've come across a couple services I'm interested in, however, my main gripe with these services are not the fees, b...