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Recently I had a run-in with one of my worst fears a couple months back, i went to check my bank account to see how much money I had so that I could buy my mother and brother dinner. I was not able too, I had enough t...
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If you have an FHA loan, does that mean you can get only 3 of the easier to qualify conventional loans, and 6 of the more difficult ones? Or, does that limit only apply to Fannie/Freddie loans? IE, if you had two FH...
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Hey all, I’m looking to house hack in NYC by buying a 3 or 4 family through an FHA loan. The problem is the FHA loan limits (~$1.2M and $1.5M respectively for a 3 and 4 family) and my available cash put these propert...
I went under contract with a new construction townhome in South Carolina. The deal is good and the builder offered 10K in builder incentives as part of it. The mortgage guy told me there is a cap of 2/2.5% on build...
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I stumbled upon this article, written by a tax attorney, in a respected tax magazine https://www.thetaxadviser.com/...It implies that the 3-yr window on amending your tax returns and claiming a refund starts on the da...
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HI BP community-
while await on finding the right potential investment property for the right price. I am contemplating to using if this is good strategy.
I am thinking of doing a refi 30years in an investment pr...
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Hi All-
I'm a newbie and learning as much as I can about the BRRRR method. I live in the Seattle area but am exploring options in the midwest and south to invest in. Thanks for such a great community to learn from!I'...
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FHFA Wants to Hear Your Thoughts on Proposed Loan Limits
Hey everyone,
I'm just curious as to what amount of liability insurance coverage most people have on their SFR's?
My insurance agent wrote up a policy for $500,000 of liability coverage plus $1,000 medi...
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Dear Colleagues,Maryland legislators are aiming to limit the definition of rent in residential leases. This legislation increases financial risk for current landlords and discourages future landlords.If you are a Mary...