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17 October 2024 | 47 replies
You still need to qualify leads, and the carrier obstructions that come and go can derail your momentum.
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10 October 2024 | 2 replies
Do you still need to use a third party Qualified Intermediary ?
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10 October 2024 | 1 reply
On the flip side, another client of mine used the premium option and got a highly qualified tenant almost immediately.
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10 October 2024 | 9 replies
Additionally, you'll have business income showing up and might qualify for some business lines of credit to tap into as well.
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10 October 2024 | 6 replies
Down payment can be higher than primary, but the good thing is that you won't need that much income to qualify because lenders can you 75% of the market rents for the units of the property.
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8 October 2024 | 1 reply
Both side said that my DTI was too high and I wasn't qualify to borrow.
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11 October 2024 | 17 replies
A good, well-qualified borrower will rarely get into trouble.
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11 October 2024 | 10 replies
Thank you everyone @Ashish Acharya @John Bowens @Gino Barbaro @Jacqueline WrightWe'll be staying out of our Traditional and Roth IRAs then for this.And we aren't ready for and aren't qualified for a self directed IRA at this time, so we'll not go that route.The loan out of the 401K is interesting.
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10 October 2024 | 7 replies
If you have a rent property with good cashflow, odds are you are BETTER qualified for the next mortgage than if you sold the rent property.
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7 October 2024 | 4 replies
The Qualified Intermediaries I am vetting have provided their exchange agreements.