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25 June 2024 | 0 replies
However, it is mostly geared toward a person who has a W-2 job themselves, which is not the case for me, so there are some applications that I am finding confusing.
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28 June 2024 | 21 replies
In some markets you can find two free standing homes on the same lot.
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26 June 2024 | 2 replies
Option 1:Pros:Simplicity: You avoid the potential complications of alerting the lender.Maintains Low-Interest Rate: Since your loan is at 3%, you continue benefiting from this favorable rate.Avoids Immediate Full Payment: You won’t be forced to come up with $45k immediately.Cons:Risk of Detection: If the lender identifies the payments coming from an LLC, they might call the loan due.Potential Consequences: If the lender enforces the due on sale clause, you might be forced to pay the remaining loan balance quickly.Option 2:Pros:Transparency: Being upfront might build trust with the lender.Possible Flexibility: Given your solid payment history, the lender might agree to the arrangement.Legal Compliance: You avoid any potential issues with violating the terms of your mortgage agreement.Cons:Risk of Loan Acceleration: The lender could still decide to call the loan due, forcing you to pay the remaining balance.Potential for Higher Payments: If forced to refinance, you might end up with a higher interest rate.Given the pros and cons of each option, but a cautious approach might be best:Consult a Real Estate Attorney: This can give you a clear understanding of your legal standing and potential risks.Evaluate the Importance of the 3% Rate: Weigh the benefits of keeping your low-interest rate against the risks of potentially having to pay off the loan early.Consider a Gradual Transition: This method allows you to continue benefiting from the low-interest rate while reducing the risk of triggering the due on sale clause.
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27 June 2024 | 9 replies
Once you stand up to them, they'll leave you alone.
26 June 2024 | 7 replies
It can make you stand out from the competition
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26 June 2024 | 2 replies
See where you stand on pricing, and everything else.
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26 June 2024 | 38 replies
SLC only has one major hotel under construction and not a large inventory of nightly rentals as it stands.
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26 June 2024 | 6 replies
A bed would be the first thing , maybe a dresser and a night stand
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25 June 2024 | 10 replies
There have been a few properties that stand out to me but I cloud my mind with many questions.
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26 June 2024 | 22 replies
I've joined several programs and all of them have been worth the investment but there is one that stands out.