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9 December 2024 | 4 replies
Most residential mortgage lenders that I work with max out their LTVs on primary residences at 70%, which would mean a loan of $336k.
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9 December 2024 | 0 replies
Investment Info:Single-family residence fix & flip investment.
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11 December 2024 | 29 replies
Most of those residents guard their vouchers like gold.
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10 December 2024 | 6 replies
Is our primary residence and is a long term live in flip. $490k mortgage.
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12 December 2024 | 17 replies
Right now we have it split based on the square footage of our residences.
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10 December 2024 | 9 replies
Hey Chris would love to visit. 100% of my business is helping clients in all 50 states with purchasing vacation homes/STR properties. 90% of my clients use the 10% down loan because the lower down payment requirement and rates/cost similar to a primary residence.
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7 December 2024 | 1 reply
I own my primary residence and want to build a DADU on the back of the lot.
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8 December 2024 | 26 replies
A 1031 exchange is NOT available for owner occupied property so that’s the bad news.The good news is for owner occupied primary residences, for married couples, the first $500,000 of pain is tax free.No need to worry about a 1031, live in the house, sell it, use the $500,000 exclusion and you pay KP tax on whatever profit may exist,2.
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8 December 2024 | 10 replies
Primary residence loans are less risky than investment property loans, which is why they have more favorable terms than investment property loans.
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6 December 2024 | 6 replies
We have a member of our team called the "Resident Success Coordinator" whose job is solely this. 2) Flat-rate management- We are not a percentage-based company.