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20 January 2025 | 23 replies
Parks with few or no park-owned homes are easier to finance.
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14 January 2025 | 7 replies
@Brice Alef-Torrisi To manage finances for multiple properties, maintain separate bank accounts for each property if held under different LLCs to avoid commingling, which could jeopardize liability protection and complicate tax deductions.If properties are under one LLC, using a single account is fine but requires detailed record-keeping for each property.
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17 January 2025 | 19 replies
If you choose to play with fire, that is your perogative.For your reference, here is a good primer.Here is the key paragraph:Rental discrimination is when a landlord or property manager treats an applicant differently based on the applicant’s inclusion in a protected class.
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19 January 2025 | 18 replies
I worked with a travel nurse who does shift work and 5 lenders said that they couldn’t finance her primary residence purchase and I ended up making it happen for her.
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29 January 2025 | 3 replies
But I need a portal where I can do the following -Customize the tenant application ( Cozy does not allow me to customize)- Have tenant Upload Pay stubs, DL, etc.
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22 January 2025 | 7 replies
Have a way to double checking their information they give you on the application.
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15 January 2025 | 29 replies
That is not something you typically can charge an owner on an owner finance deal. 2.
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15 January 2025 | 11 replies
I had little choice since I was financing out of a construction loan that had little time before a ballon.
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14 January 2025 | 15 replies
Legitimate lenders may charge a small application fee (around $250) to verify you’re serious, but if someone’s asking for thousands with no real intention of closing, that’s a huge red flag.On a more positive note, there are creative financing approaches out there.