Has anyone had issues filing Quit Claim deeds in order to move rentals under an LLC and the loan being called due? I've heard this typically isn't an issue, but I was curious if lenders were being aggressive with this...
Hi everybody! I have been listening to all the BP podcasts I can find on section 8 housing vouchers. They all talk about the pros of section 8 but not many get into the cons. I talked to a woman on the voucher waiting...
I've posted a few articles below which outline the new and most restrictive ("progressive") rental laws in the country, which limit the size of security deposits, non-refundable deposits, and requires giving tenants a...
Hello,I plan on buying my first multifamily this summer with an FHA loan. My lender said that I need a min. 650 FICO score and that they "take the middle score". My scores are as follows:Experian FICO Score 2: 586Expe...
Hello,I am in greater Los Angeles area. I own a property and this is my primary residence. I have some money for investment. The kind of investment property I can buy cash down are far away and Bakersfield has some go...
Little Flower Neighborhood in Indianapolis
2BR 1Bath Bungalow
Current Loan Balance: $38,000
Seller's PITI Payment =$380 seems high, but maybe not? $95 of that payment is taxes. What would be his ...
I have a great tenant in one of my SFH rentals who asked if I would be interested in selling the property to them. The tenant has been in the property since February 2020 and pays rent on time every month, and sometim...
Hi, thanks in advance for reading and any input. I'm not seeking legal advice but certainly if you think a lawyer is appropriate for this one, please let me know. I have a letter with multiple complaints drafted to ...
Hello all,
Would like to know if anyone has experience with 3% down FHA first time loans are currently being approved.
We have an accepted offer on our house, but the buyer just indicated that they are ...
First of all, feel free to make any and all comments you wish; there's no need to sugarcoat anything. I appreciate almost any feedback where the poster makes a sincere attempt to share their opinion, regardless of wha...