All Forum Posts by: Jeffrey Tate
Jeffrey Tate has started 3 posts and replied 5 times.
Post: Looking for a Property Manager in Saint Cloud, MN
- Posts 5
- Votes 2
Hello BP,
Anyone know of good property managers in the Saint Cloud, Minnesota area?
Thank you,
Hey Joel, did you ever find anyone good? I am looking for referrals.
Post: Minneapolis and St. Paul Local Banks
- Posts 5
- Votes 2
Try affinity plus federal credit union, truestone financial credit Union or wings financial credit union.
Post: Questions on Financing 2nd Investment Property
- Posts 5
- Votes 2
Hello,
I just purchased a duplex FHA and I have made some improvements to the property and brought the value of the property up. My plan was to refinance out of my fha loan in a year into a conventional loan and purchase my next duplex as an owner occupant with another FHA loan. I just read that I may not be able to use the income on the rents towards qualifying towards the next loan if they are not on my taxes for two years. Is this still the case? are there any workarounds to this? This property has been a good investment so far and I feel like I have some momentum but I would like to do a similar type deal in a year but not wait for two. If anyone has any suggestions please let me know.
thanks,
Hi All, I live in Minneapolis and on Tuesday I entered into a purchase agreement for a duplex that is blocks away from the center of all the riots and civil unrest. Since then the city has been torn apart by riots and civil unrest. I can still get out of the deal through the inspection contingency and I am just looking for some advice on what i should do. This would be my first duplex and I plan on house hacking. I love the property but the surrounding business are completely gone. I'm not sure what all this will do to rents and property values. it seems like the rioting is starting to die down now here and there is less and less property damage but i am really torn about what to do. Please offer suggestions and advice?