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30 August 2024 | 0 replies
For business owners, having a separate legal entity, such as a corporation or limited liability company, provides the unique ability to create a credit identity with business credit reporting agencies, also known as a business credit profile.Reality check: > Funding your business with your home equity or personal savings/guarantee is a HUGE risk > ~45% of Small Businesses applied for a Business Loan in 2023 > Less than 2% of SBA Loans are actually funded/approved > 29% of Small Businesses FAIL because thee run out of Capital > Your company’s name on a credit card is NOT corporate credit (if you used your FICO score to get it) > Business (EIN) credit will open new ways to finance your growthIf you keep doing what you've always done, you'll keep getting what you always got!
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31 August 2024 | 3 replies
Some of them allow you to create your own website for marketing as your unique portal.
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31 August 2024 | 4 replies
[MIAMI-DADE/BROWARD REGIONAL PROVISION]: Buyer shall designate Closing Agent.
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30 August 2024 | 1 reply
In terms of his investments, they have been focused on the downtown region, buying up older, but loaded with potential and character, downtown buildings.
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8 September 2024 | 168 replies
The HELOC is not the same as a conventional loan so they don't have anything like mandatory escrow accounts.When you say non-owner occupied, if you can get a HELOC on investment property, and I know Regions Bank does this because I went through them to get mine and found they will do a HELOC on investment properties, then you would be paying the investment off with the equity via a HELOC.
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26 August 2024 | 6 replies
We have a unique property we are looking at in upstate NY.
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2 September 2024 | 32 replies
I think the only region left in the US that fits this mold is the Midwest.
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30 August 2024 | 3 replies
It's possible your loan officer is either unaware of the guidelines or his company has an overlay.As a lender who specializes in VA financing, I reach out to the VA Regional Loan Center of jurisdiction (based on what state the property is in) anytime I have a scenario like this, that way I have VA's position in writing to submit to my underwriters.Aside from the fact that both units are under lease for 10 more months, is there any other reason you could not occupy the home within 60 days?
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29 August 2024 | 0 replies
The region's young population and growing economic opportunities contribute to high occupancy rates, typically ranging from 90% to 97% year-round.
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29 August 2024 | 0 replies
The region's young population and growing economic opportunities contribute to high occupancy rates, typically ranging from 90% to 97% year-round.