All Forum Posts by: Wai Cheng
Wai Cheng has started 2 posts and replied 5 times.
I just brought a rental house using a buyer agent. Today I saw another house I like that is FSBO, I like to buy it without agent to get a better deal. The agreement has a end date at the end of the year. However since I have already brought the house with agent, does the agreement still valid?
Post: What time of year is best to buy rental property?

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Okay, Thanks! I couldn't find anything talk about this, so I just posted here. Just want to make sure I can rent it after I get the property.
Post: What time of year is best to buy rental property?

- Posts 5
- Votes 0
I'm looking to get into rental and want to buy a single family house to rent out. I know that peak rental season is during summer, and most lease are one year long. Since summer is almost over, should I wait until spring to buy? So that I will have more people looking to rental when I have the property.
You guessed correct, she show me the list of stipulations. They are "HUD Guidelines 24 CFR 206.125". So it's take it or leave it.
I know this is old post. I'm trying to bid for a hub home with the 88% rule. The agent come and said hub stipulation said property cannot be sold below appraised value. is that something new?