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4 February 2025 | 12 replies
The plan was to utilize the HELOC as the down payment then getting a conventional loan to cover the remaining 80%.
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7 February 2025 | 13 replies
If a HELOC isn’t an option, alternatives like a home equity loan, business line of credit, or a DSCR loan could work depending on your situation.
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18 February 2025 | 1 reply
It’s a good reminder for landlords to stay adaptable and ready to respond to changes in rental demand.As an experienced loan officer in Georgia, I’m happy to help both buyers and sellers navigate this competitive market.
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27 January 2025 | 9 replies
If I paid cash for this property, the HOA + Insurance + taxes is around $500 / month.
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7 February 2025 | 12 replies
Use a home equity loan (fixed debt) instead of a HELOC (variable equity) and build an additional unit you can rent out in your own backyard.
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14 February 2025 | 4 replies
They've even called my mom who we don't live with anymore (but lived with at the time we applied for the loan).
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6 February 2025 | 7 replies
Make sure you talk with your insurance company on what you would need to faciliate these types of amenities in your rental.
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16 February 2025 | 4 replies
You could house hack by purchasing a small multifamily with an FHA or conventional loan, reducing your living expenses while building equity.
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13 January 2025 | 16 replies
Foremost, Proper are 2 big ones.Don't skimp and get the place insured properly.