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26 December 2024 | 3 replies
Simplified Approval Process - SB 9 requires ministerial approval for eligible projects, meaning they bypass discretionary reviews that often involve lengthy public hearings and bureaucratic red tape.
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12 January 2025 | 12 replies
It's definitely possible to get a loan as a foreigner but the rates will be high(er) and the downpayment required will be as well.
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10 January 2025 | 0 replies
Purchase price: $275,000 Cash invested: $45,000 Sale price: $400,000 Contributors: Adam Schooley This townhouse, which had gone through probate, suffered from significant water damage to the drywall and required updates throughout.
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10 January 2025 | 0 replies
Purchase price: $275,000 Cash invested: $45,000 Sale price: $410,000 Contributors: Adam Schooley This townhouse, which had gone through probate, suffered from significant water damage to the drywall and required updates throughout.
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23 January 2025 | 10 replies
Avoid PMI and then go to a local credit union and get a heloc after closing to gift the money back.Have this as a tool in your tool belt but pursue use of the 3.5% FHA, knowing that you will be at a competitive disadvantage if you are competing with non FHA buyers, then you can call in the favor from your gift person.Just know that if someone gifts you down payment money, your bank will require them to sign a letter stating that it is in fact a gift that doesn’t need to be paid back.
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17 January 2025 | 14 replies
If the LLC is the maker on the note, there's a good chance you'll be required to personally guarantee the note.
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7 January 2025 | 7 replies
Assuming you don't have a mortgage that requires a certain level of insurance, you can get a stop-loss policy covering all the properties.
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11 January 2025 | 9 replies
If you ask the manager to justify a fee and he starts hemming and hawing, move on or require them to remove the fee.
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9 January 2025 | 30 replies
I make sure I screen each potential tenant thoroughly (background and credit checks) and require references.
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10 January 2025 | 9 replies
As a result any “offering” must either be a registered securities offering, or qualify for an exemption from the required registration.