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29 January 2025 | 9 replies
I'm learning more about loans and such as I used the VA.
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11 February 2025 | 7 replies
Will he and potential buyer of the property be subject to Commercial financing or will the property still qualify for residential 4 unit and under loan types/primary?
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4 February 2025 | 17 replies
My first loans were at 9% ..
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21 January 2025 | 4 replies
Here’s some guidance to help with your next steps:Hard Money Loan: Hard money lenders can often cover both the purchase price and some rehab costs (up to 70-75% of the after-repair value or ARV).
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6 January 2025 | 11 replies
The LTV of the loans I’d conservatively gauge at about 35 percent.
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23 January 2025 | 0 replies
Financing OptionsParent Loan Options: Consider home equity loans, investment property mortgages, or co-signing a loan.Tax Implications: Speak with a financial advisor about potential deductions and capital gains.Rental Income Potential: Explore the option of renting out extra rooms to offset costs.5.
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11 February 2025 | 25 replies
Our final 2 were appfolio aor rentvine, we went with rentvine because it was 2.50 a unit and that was everything they have to offer, appfolio would give you some for 1.49 a unit then a little more for 3.50 a unit then the whole enchilada for 5.00 a unit.
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21 January 2025 | 2 replies
Experience depends on who you deal with - the cleaner the loan file and more organized your paperwork the smoother the process with any private lender.
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24 January 2025 | 4 replies
.- Collect Tax Certificate to verify Property Taxes are Paid- Get a current statement from the seller to verify the existing balance, if they are delinquent, you can get the bank on the phone to verify the amount to make the loan current.- Review the loan documents, there is most likely a due on sale clause, which is why you won't find a title company to process these for you.