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9 November 2024 | 9 replies
Hi Brittane,Most rental programs will cap at 80% LTV, but with hard money usually it can go up to 90% of purchase price.
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6 November 2024 | 0 replies
Hello, I believe this program is fairly new, so I don't know if anyone would, but do any MI investors have experience using the "Lead Poisoning Prevention Fund" through an organization Michigan Saves?
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8 November 2024 | 19 replies
Joe These days a lot of local governments have the records online.
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8 November 2024 | 38 replies
You'll for sure get those costs later.If you're looking for a sub $300k market in the SE, I'd pursue college towns with good athletic programs and create small STRs but be ready for the seasonality.
8 November 2024 | 17 replies
As in real cash backed by the full faith and credit of the United States government, however shaky that may seem ;)
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9 November 2024 | 23 replies
.• Then there's a few mentioning loan assistance programs such as FHA, NACA, etc.
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8 November 2024 | 3 replies
To address this, we verify the property owner per government records and use this information to vetimposters.Anything that seems suspicious will lead to us requesting an acceptable Letter of Explanation toaddress.Analyze IncomeMany landlords require a month of paystubs from applicants and just use these to calculate a monthly qualifyingincome.
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7 November 2024 | 7 replies
Bruce, there are many programs out there that will be able to write the entire portfolio.
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8 November 2024 | 1 reply
Are there programs to look into either state wide (NJ) or nationally that will help with down payment assistance or a construction loan?
2 November 2024 | 8 replies
The quick good/bad of Section 8:- S8 tenants tend to be rougher on the property (but not always)- Paperwork/inspections/etc. can be burdensome and tough to navigate (especially initially)- People often think FMR rates are guarantee rental rates but that's not the case- Usually the rent isn't 100% subsidized and a lot of people don't realize this- S8 tenants tend to stay a lot longer than cash tenants- Obviously, the guaranteed rent portionOverall, I'm neutral on the program.