Kenny Simpson
12 months seasoning for CASHOUT 1 to 4 unit refinances, EXCEPT?
Fannie and Freddie are NOW going to require for 12 month seasoning to do a cash out refinance for even owner occupied properties starting in early 2023. I would NOT be shocked if other portfolio or NON-QM options fol...
Owen Dashner
Advice for handling/preventing rental scams?
I have had several investor friends recently in Omaha who have seen their rental properties get advertised by a scammer who then collects "deposit" money from potential applicants. I have thankfully never had this hap...
Account Closed
MV Realty a Delray Beach FL brokerage - 40 year exclusive right to sell, Scam
This is the kind of thing you'd expect from Morris Invest, tho' it was someone else. Watch out for it elsewhere. Be careful out there!
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This Florida company was ac...
Edita D.
What is your Preventative Maintenance Plan?
Hey guys!
I read a few different blogs on how to maintain your property to prevent deferred issues. What do you do? There are lots of different suggestions, but I want to focus/spend money on the ones that ar...
Pat Rach
Home under contract?
What does it mean to put a home under contract? It seems like it would be simple to understand but I always end up confusing myself because how could you wholesale a deal to someone if you have the contract in your na...
Gargi D.
Advice on paragraph of the FHA Financing Addendum I
I was to purchase a condo in Washington DC this month. I had a pre-occupancy contract which expired the day before the FHA certification and financing. The contract ended as it was to be the settlement. The sett...
Ryan D
Why Get a Survey?
I am in the process of working out some details on my first property and am wondering if I should get a survey? The current owners have never had one. Is it important to get one before closing? If so, why? I would lik...
Michael Ming
Seeking Advice: Managing Tax Obligations and Property Down Payment
Hello everyone,
I find myself in a challenging financial situation and would greatly appreciate any guidance you can offer.
I have a pending income tax payment of approximately $200K for the year 2023, due by Septem...
Chris Attiliis
Taking a Contractor to Small Claims Court
Hey Gang,I hired a paving/ashphalt company to pave the driveway of an investment property. Paid $1500 in two installments, and am completely unsatisfied. At first there was some stones/pebbles mixed in the top layer...
Jack B.
Renters are still moving according to article/survey
https://finance.yahoo.com/news/coronavirus-pandemic-isnt-preventing-renters-from-moving-survey-201543004.htmlhttps://finance.yahoo.com/news/coronavirus-pandemic-isnt-preventing-renters-from-moving-survey-201543004.html