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21 November 2024 | 10 replies
All this fancy mumbo fha guideline gumbo means is that your projected market rents assuming all units, if it were rented Times 75% need to be greater than what your monthly payment is (PITIA = principal/interest/taxes/insurance/assessments monthly), other wise FHA will not lend at that loan amount so common solutions to this when rents are too low in your local market are to put more money down payment which defeats the whole purpose of low 3.5% down FHA doesnt it?
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26 November 2024 | 25 replies
Realtors have companies and insurance to cover lawsuits.
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23 November 2024 | 1 reply
- Always pay for title insurance!
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14 November 2024 | 3 replies
Utica National Insurance Group is the one going for $1300.
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27 November 2024 | 13 replies
What is a storm rips through and trashes the roof, BUT the condo project does not have enough insurance coverage to fix it, the value of the all the units in the project just went down. or, even if they are able to fix it but the coverage premium doubles so the HOA has to double the monthly HOA dues but half the complex can not afford it?
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25 November 2024 | 19 replies
Most of the time, you're not doing anyone any favors by keeping rents too low - you're running a business and taxes / insurance / HOA / Maintenance are likely to continue to increase.
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22 November 2024 | 2 replies
I’m almost hoping she rejects my offer because it’s so complicated, but it kinda seems like it could be a win win.We pay $2600/monthI’d offer her $3k/month ($600k @5% 30year amortization) plus I handle taxes and insurance.
19 November 2024 | 15 replies
Talk to your insurance provider to see if this qualifies for a claim.
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26 November 2024 | 86 replies
At various times during the past 25 years he “specialized” in oil and gas drilling, franchise sales, surgical center investments, office centers, start up incubators, vitamins, mobile washing equipment, cemetery syndications, residential mortgage brokerage, commercial mortgage brokerage, insurance as an investment, long term care insurance, and property development in Mexico.
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25 November 2024 | 32 replies
ya its not like moving to a 3rd world country plus you can get health insurance once you have your Golden visa for a very nominal amount according to my friend that has a Golden Visa. the 500k has to be in cash though I believe.. they bought a unit in Porto and one just north of Lisbon. sure beats Mexico I can tell you that..