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14 February 2025 | 11 replies
I am a full time firefighter that works 82 hours on with 96 hours off but my schedule changes daily I may be forced to stay at work on my regular days off and I’m worried that I will not be able to find a brokerage that will allow me to work part time.
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27 January 2025 | 9 replies
If you're looking to treat this as a regular rental, then charging undermarket rent throws a monkey wrench in that.
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4 February 2025 | 6 replies
@Holly Thorsen see above for potential challenges tapping your equity in the rental.You only need 5% down for a regular mortgage, 3% down for an FHA mortgage - so why don't you have the funds?
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19 February 2025 | 11 replies
In this situation the tenants attended gatherings late into the night and would regularly return to their room extremely noisily at 4am.
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1 February 2025 | 15 replies
I can finance regularly with non recourse and have a note of about 75k less the down but plenty of funds just sitting there in the solo doing nothing.
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16 February 2025 | 29 replies
Regular LTR's in DET would be fully managed.
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4 February 2025 | 17 replies
I guarantee you don't have the right to "sell" that property as you've done because the bank has a lien against that deed which must be paid if/when you sell, and you almost guaranteed to have language that you are supposed to notify the mortgagor if/when you sell the property so that they can exercise their due on sale clause.
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31 January 2025 | 20 replies
As I stated above, please exercise caution and make sure fully executed documents are received prior to wiring funds.
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11 February 2025 | 13 replies
I realize this may be a fantastical scenario with no feasible solution but I thought it would be an interesting exercise.
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24 January 2025 | 10 replies
When you sell your old property you exercise your option and purchase the new property.4.