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10 July 2024 | 4 replies
Since it was a short sale, I would consider letting the private lender sue the entity first and you and him with the assumed guarantee as well.
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9 July 2024 | 18 replies
The executor/fiduciary/guarantee is where the direct mail goes to.Step 6: Doing the actual direct mailOnce you get understand what you are doing, document each step and systematize it.
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9 July 2024 | 9 replies
If they are underreporting their income to the IRS, I cannot guarantee that the revenue actually exists.
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10 July 2024 | 112 replies
No guarantee on the run up, you capture extra momentum.Best bet is the hard asset still.
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10 July 2024 | 12 replies
Part of the BRRRR method is leveraging asset appreciation, and again investing in areas with guaranteed returns (Columbus/Lexington) will help you get to the next investment property quicker.
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8 July 2024 | 21 replies
Since the VA guarantee is really only worth maximum about 140 grand or so I think currently, each house would have to have been $300k or less in order for that to work.
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8 July 2024 | 8 replies
They are typically interested in a furnished bedroom, have the income stream to guarantee rent payments and are fairly low-maintenance.
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8 July 2024 | 6 replies
Yes you can as long as your father will live in the home as his primary residence and you put enough down to cover your portion of the loan that VA will not guarantee.Here are the VA guidelines for calculating the down payment.VA calculates the guaranty as described in the table below.Step Action1 Divide the total loan amount by the number of borrowers.2 Multiply the result by the number of veteran-borrowers who will beusing entitlement on the loan.There is usually only one veteran borrower, in which case the resultof this Step is the same as the result of Step 1.3 Calculate the maximum potential guaranty on the portion of the loanarrived at in Step 2 (as if that portion was the total loan).Use the maximum guaranty table in section 4 of chapter 3 of thishandbook.4 VA will guarantee the lesser of:• the maximum potential guaranty amount arrived at in Step 3, or• the combined available entitlement of all veteran-borrowers.5 VA makes a charge to the veteran-borrower’s available entitlementin the amount of the guaranty.If more than one veteran is involved, VA divides the entitlementcharge equally between them if possible.
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8 July 2024 | 6 replies
I used a basic DIY segregation study with an IRS audit guarantee.
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9 July 2024 | 8 replies
It's no guarantee but it's a good place to start.