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13 November 2024 | 15 replies
An investor would typically finance via non-owner occupied conventional at 20% or 25% down @Robin Simon, so DSCR lenders use to underwrite the performance of the property based on the actual room rent?
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11 November 2024 | 3 replies
I use the exact same criteria for a voucher holder as a non-voucher holder except for income.
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12 November 2024 | 171 replies
Even non-recourse debt still leaves the asset at risk.
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14 November 2024 | 24 replies
this is all i needed to see:Business coach Kris Krohn blasted for pulling kids from public school over fat teacher (nypost.com) Ya know, as a holistic health provider and conscientious parent, I'd probably do the same if my child's teacher wasn't a good fit.
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11 November 2024 | 4 replies
The Taxable Value is uncapped and equated to the SEV upon a sale or other transfer of property ownership, with limited exceptions.Homestead versus Non-Homestead Millage RatesCounties & cities in Michigan are allowed to set their own millage rates, with one restriction – a primary residence (Homestead) is exempt from up to 18 mills of school taxes on their Homestead property.
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11 November 2024 | 8 replies
Hey @Rocky DeFalco I don't know if this is helpful at all but I invest in Indy (non section 8) and in KCMO (section 8).
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9 November 2024 | 87 replies
Autocratic governments tend to have even more issues because the issues are hidden from the public and nobody within those institutions wants to risk pushing them up the chain to get solved.
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11 November 2024 | 8 replies
Pro: In addition to MLS access your brokerage might provide access to other resources such as detailed online assessment data not available free to the public.
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14 November 2024 | 13 replies
I would suggest working with a broker that is very familiar with conventional, commercial, hard money, non-qm, and DSCR loans.
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12 November 2024 | 10 replies
@Albert Bui @Carlos Valencia There is no offset when you live in the 2-4 unit remember its a full HIt to your monthly PITIA and yes you can use the rental income but only as an addition to your qualifying income, you're still taking a FULL hit on the PITIA.Its only offset when you vacate or move out or it has already been converted to a rental (pure investment/non owner property).