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4 February 2025 | 12 replies
Or should I invest regardless of student loans if my hope is to use FHA loan for smaller downpayment and then eventually rent the house out in a few years once I move?
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1 February 2025 | 19 replies
Commercial mortgages are really DSCR loans.
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5 February 2025 | 5 replies
This works with any type of appreciating property such as real estate, stocks, etcDepending on the appreciation rate, you can potentially see asset values double every 7-14 years.Likely around 7 years if the appreciation rate is 8%Likely around 14 years if the appreciation rate is 4%If you buy something for $100,000 and it appreciates to $200,000, you can potentially take a loan on the $100,000 appreciation which would not be considered a taxable event.However, be mindful that you are paying interest on the loan and you have to payback the loan but yes, it would not add on to your taxable income.
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3 February 2025 | 26 replies
More on DSCR loans: DSCR loans won't use your income to underwrite the loan.
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10 February 2025 | 20 replies
what type of loan you looking for?
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7 February 2025 | 12 replies
Would a HELOC or home equity loan on my personal home be a good idea to fund this?
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10 February 2025 | 7 replies
To us, its a "Bridge Loan" (lol).
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8 February 2025 | 7 replies
VA loans are the only loans that allow this, and there is no rate penalty for it no longer being your primary home.With that in mind, you could do a cash out refinance today at a higher rate than current market rates which will create profit on the loan, we can take that profit to pay for your closing costs.
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9 January 2025 | 6 replies
Business loans typically won't let you purchase a property if you read the fine print.
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8 February 2025 | 15 replies
As far as financing what would be a good loan?