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I was told by a lender that due to regulations with Fannie Mae and Freddie Mac, I cannot refinance on a property with a cash out until I’ve owned the property 6 months. (I can refinance sooner than 6 mo but only for t...
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Hey everyone!My question is for those who works at title compaties or have strong understanding of title transfer process.Here is the story:I have a property under contract. That came from wholesaler and it's REO owne...
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I am renting a co-op which already has a contract about the rules and regulations for the tenant to sign. Do I need to have a separate contract with the tenant? We already agreed on the price and deposit, is there any...
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Hello! My name is Jacob Frison. I am 22 years old and married with a 7 month pregnant wife. I was born and raised in Gresham Oregon with no real emphasis on financial literacy. I moved to Oahu for four years while in ...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $220,000
Cash invested: $55,000
1978 4 unit apartment building with (2) three bedroom units and (2) efficien...
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Have read a little bit about this in other threads. I know (from being in banking) that the FDIC and other egulatory entities are making it quite hard on the banks. IMO the government caused many of our problems and i...
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I've got a large house (5 BR) with a couple and 2 kids in it. They want their friends (another couple) to move in with them to share costs/housing. The new couple has good income; enough to qualify on their own. I'...
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To meet any residency requirements does my SDIRA "live" in my state or the state of the administrator?
This is more of a broad question then any specific situation but this could be an issue for anything from SEC ...
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Just hoping you all here could give me a hand, i am filing my taxes online with rental income for the first time and i need help with this form-
New, Used, or Converted (Building) Form 4562
Which describes this p...
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I am buying my first piece of investment/rental property. I plan to use it as a long term investment. I do not have a mortgage and I do not rent. Should I get a home loan or an investment loan? Any suggestions/adv...