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29 November 2024 | 6 replies
Spousal Signature Requirement: Typically, lenders require both spouses to sign the HELOC agreement if the property is jointly owned.
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29 November 2024 | 18 replies
These have two very different next steps.If it is a condo, you need to check your condo docs and see where the unit ends and what is common area. if its a leak in a pipe in a wall that is typically common owner and the condo association should take care of it.
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30 November 2024 | 10 replies
Most investor deals are traded off-market, and the brokers/investors/agents that gatekeep them typically will trade with only their circle as it's a form of doing repeat business with the folks they already know and trust.
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4 December 2024 | 30 replies
Balance Sheet can show how much was a building was purchases for, how much principal loan is still outstanding, how much is in escrow and how much is in tenant security liability, Construction typically in the long-term development are put in the balance sheet and not P&L.Most investors are doing multiple type of real estate, not just rental.
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29 November 2024 | 9 replies
This type of loan typically has lower interest rates since it poses less risk to the lender.Non-Recourse Loans: Conversely, non-recourse loans limit the lender's ability to collect from the borrower beyond the collateral pledged for the loan.
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26 November 2024 | 12 replies
Typically you can go up to 75% combined Loan To value.
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26 November 2024 | 6 replies
I populate all my own mailing lists, which typically involve only motivated sellers (high equity, divorce, probate, foreclosure, tax foreclosure, etc.).
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27 November 2024 | 1 reply
Profits do not justify their effort even with the ADU addition in this case typically not being hands off .Here is a list of things that make ADU additions a less than optimal RE investment but the value added and starting with tens of thousands negative is a big one that needs to be well understood. 1) The value added by the ADU addition is often significantly less than the cost of adding the ADU.
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26 November 2024 | 6 replies
is that it typically comes with higher rates on the first mortgage, if you're low income enough you might qualify for near free DPA but most DPA's open to all income brackets are typically at higher than market interest rates.
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7 December 2024 | 14 replies
Gatlinburg lots or lots with great views are typically going for 100k to 180k even.