25 January 2018 | 1 reply
Title says it all. These seem to be the only ones I can find around here but not exactly sure what they are. Thanks!
12 April 2019 | 8 replies
So if it's non conforming for some reason, and / or lacks decent comps, that could change / go higher.

22 April 2016 | 57 replies
Usually you have to conform to their rules and in exchange you get a low price on a distressed property.

9 April 2019 | 5 replies
If your intentions are to flip real estate - the only money you need is for advertising your controlled property (to find the deal and to liquidate it)- that should be no more than $2,000, maybe $100 consideration on your contract.......Unless you are going to go to settlement first and than flip the real estate paying unreasonable transaction costs.Do you have the needed skills to accomplish what you want to do -- like it or not - flipping houses has a bunch of moving parts -Power prospecting - where are you going to get your leadsNegotiating - do you know how to control propertiesHybrid offers and joint ventures with sellersUnderstanding contracts is important - will you use a long form or a skinny contractAssignment clauses - will your agreement have all the property and self-serving clauses in it.Built-in extensionsFind the assignee and closing the deal - do you know what the proper procedures are - will you collect your assignment fee in advance of closingAre you ready with the what if (s)the assignee backs out and wants his money backthe seller won't come to settlementthe seller wants out or wants more money - he is angry because you made too much moneythe title company will not cooperate because you don't have legal titleauction - will you flip your transaction using the auction methodan agent wants a feethe seller accuses you of operating as an agent without a license you run out of time on your contract, you are in default - the assignee wants to sue you for misrepresentation there is a fire before settlementyour forms; contracts - assignment - disclosures - required by law are not in order - can you defend your positionif you go into a deal and spend $5,000 and it won't close due to judgments the seller forgot to tell you about - what nowSorry for all the negative What if's........ but we are dealing with people - they are complicated sometimes - unreasonable - and litigious most of the time.So be aware - flipping houses, commercial properties, businesses with real estate and non-conforming real estate is not as easy as some would have you believe ---Money - is not the answer -------- systems - techniques - formulas - negotiations and education is!

23 January 2020 | 70 replies
In addition, I know of a local property on acreage where for years tenants have been paying rent to use an RV, Garage, & Shed as living spaces even though they are unpermitted and do not conform with local zoning.

22 January 2020 | 210 replies
@John Moorhouse @John Moorhouse dropping out May make it harder for you to do certain things but coming out of that and succeeding anyway will be an accomplishment above and beyond the average folks who conformed.

3 September 2017 | 11 replies
Unfortunately I am just now beginning my real estate education, so neither of these properties were good long term investments.I currently live in the National Capital Region (NCR), but I don't feel conformable investing in this high priced market.

8 May 2020 | 84 replies
Your best rates are going to be with a broker or bank and get a conforming loan.

16 May 2020 | 126 replies
had all my tenants pay for may. then got conformation that the house i am selling is going to close earlier then expected. i a buy and hold but bought this property laste year to the month. before knowing as much as i do now. the best part is that one year later with no real money into it other then getting it rent ready im selling it for 17k more then i bought it.

21 August 2019 | 10 replies
https://www.housingwire.com/articles/49421-bill-eliminating-va-loan-cap-signed-into-lawThe Department of Veterans Affairs can now back loans that exceed the conforming loan limit, as a bill eliminating this cap was signed into law by President Donald Trump on Tuesday night.The Blue Water Navy Vietnam Veterans Act allows homebuyers to borrow above the 2019 limit of $484,350 for most counties without any down payment.[...]The move comes after a decades-long fight for veterans to receive health care benefits for diseases related to Agent Orange exposure, according to military.com, which said the bill will “fast-track disability compensation” for as many as 90,000 affected former service members.In an earlier draft of the bill, the cost of these benefits were to be financed by raising VA loan fees 0.35% to 0.5% for non-disabled veterans, according to military.com.But trade groups like the National Association of Realtors lobbied against such an increase, and lawmakers opted to raise the loan cap as a way to raise funds to support benefits instead.Huge for the San Francisco Bay Area, Oakland, DC, LA, San Diego, and other high cost areas of the country.