All Forum Posts by: Jonathan Gragg

I know it will keep getting extended in Washington state. I don’t see how there’s not major real estate groups not suing over it really violates the landlords rights, and my question is if the governors want it that bad why are they not telling the banks they can’t forclose or assign late fees.

@Jaysen Medhurst I’m almost positive the mortage is not through Fannie Mae Freddie Mac . Thank you

@Don Konipol yes that’s what’s in my mortage clause is “due on sale or transfer” I supposed there’s no way around it. Thank you for the info

Just curious as to how to move your mortage loan on your property in to a LLC out of your name. I refinanced and in the documents said if I was to move this into another name such as a LLC they can call the loan.

Wish there was a lawsuit against jay Inslee he extended it till august . My question is and still has not been answered is “ if you have two consenting parties landlord -tenant enter into a written legal binding contract how can the Governor say your contracts are no good for the time being?”

Hello I'm doing the same thing with VA. You can use your VA for your purchase up to I believe a 5 unit you have to live in one unit for a year. After a year move on. You can have more than one VA Loan just can't exceed your entitlement. Most purchases like this you only have enough entitlement for one purchase . What is great is after a year If you want to purchase another property . Refinance to a conventional that frees up your VA . Then repeat , repeat , repeat!

Just curious I see a lot of how to qualify a tenant by checking out there previous landlord or credit history. Well what if the person has never rented no rental history and limited credit history young person but has a decent job.Do you give them a shot with a larger deposit down? Or say no. Thanks to all that reply.

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@Ray Day you could possibly look at doing a HELOC if you have equity in your home. Or apply for construction loans or hard money loans to rehab ,and then refinance the unit out to a 30 year. The question to ask is this unit gonna be worth more than what you put into it for the equity when you get done . Best a luck

I appreciate all the feedback thank you!