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18 December 2024 | 12 replies
Quote from @JooYung Choi: If you were satisfied with your previous lender's services and the difference in rates / points is negligible then I would say use him again.
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22 December 2024 | 23 replies
If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.
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9 January 2025 | 44 replies
Without running any specific numbers yet, and ignoring my 200k loan repayments for now, if I my rent income minus property taxes, insurance etc and everything else related to the expenses of the property (again, ignore the 200k loan repayments) comes out to anything beyond 12000 annually in the first year I'll probably be relatively satisfied with that outcome.
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19 January 2025 | 354 replies
My guess is the lender had a claim against AHP to satisfy and that is how they did it, but that is just a guess.I have 2 other investments with the same firm that were facing this zombie investment status where they might be dead, but aren't dead yet.
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16 December 2024 | 6 replies
Richard,I would think the hurdle of selling all 9 lots at the same time and getting through due diligence in time to satisfy the 1031 requirements, might be a big goal.
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17 December 2024 | 13 replies
While I can't prove this definitively, the posting behavior strongly suggests this isn't coming from a typical satisfied customer.What's interesting is how this latest post is carefully crafted to rank well in Google searches for people who are searching for education on land investing.
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19 December 2024 | 15 replies
If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.
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13 December 2024 | 20 replies
In theory you could never be satisfied .
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13 December 2024 | 2 replies
Assumption by an EntityUnfortunately, assuming a VA loan directly through a legal entity (such as an LLC, corporation, or trust) is typically not allowed because:Primary Residence Requirement: VA loans are designed for owner-occupied properties, meaning the assuming borrower must intend to live in the property as their primary residence.Credit Review: The VA and lender require the assuming party to undergo a personal credit and income review to ensure repayment ability, which entities cannot satisfy.3.
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11 December 2024 | 4 replies
Very satisfied with the results, operations and and the ability for both manual and automatic shut off before a leak can cause damage..