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When I first saw this, I believed it to be to good to be true. Included in the new stimulus is a clause that has been enhanced since the last stimulus. The long and short of it is that the government will pay for a po...
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First, let me say...I HATE BIG BANKS LIKE HSBC...Now that that's out of the way, many times big banks don't include the full tax escrow amounts in their closing fees. If you don't want a surprise increase in monthly ...
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I have a question regarding modifying a defaulted 1st lien on a property. Here is an example. The original payment was extremely low, say $200. It was since defaulted on years ago, and now arrears have accrued. Is the...
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Hi! My husband and I own a single-family in Shoreline, WA. Last year, we accepted a job opportunity in CA, so we decided to rent out our primary home for the foreseeable future. I didn't have a great time finding tena...
Hi David, Maggie from Chicago area. I’ve been listing to your show for a year now. Great Show! In November 2022 we got our first long term condo which is producing $170 monthly positive cash with 7.4% rate (investment...
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If you build a new house, and rent it out with a 1 to 1.5 year lease, and the buyer is renting to own, but the sale takes place after the lease ends, is this treated as income or as a capital gain? Would the rental p...
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I was told by my mortgage broker that in order for a property to qualify for an FHA loan, 85% of the gross market rent for all units in a 2/3/4-plex must be more than the PITI, otherwise they won't approve the loan. ...
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I have been in IT profession for about 20 years. Even after these many years, there is no guarantee that I will be spared during next company-wide layoffs due to economic conditions.
I hate it and want to kick them b...
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How can I build up my credit rating from 0 asap?I'm a US citizen, but I've lived for 20 years in other countries. I'm moving back to the states soon with my family and we're planning on investing in real estate in the...
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I found a home today located near (.5 mile) a large university in Atlanta which is 3bed 2 bath. It was recently purchased with cash by a non- local investor for 50k according to zillow and he has put it back on the m...