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10 September 2024 | 4 replies
I think pre-approval letter is all that’s needed to prove you are a qualified buyer.They probably want info such as, are you married with kids, how many bedrooms you looking for etc.
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13 September 2024 | 23 replies
I know a few dentists and family medicine physicians with stay home spouses who qualify for REPS, which gave them significant tax benefits.
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9 September 2024 | 12 replies
SECU is easier to qualify for with lower scores, but comes with a 1% origination fee.
9 September 2024 | 9 replies
If you make nice units you have a strong shot at well qualified candidates.
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4 September 2024 | 8 replies
Hey all,What are the most efficient marketing strategies for finding qualified leads besides cold calling and print mail?
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9 September 2024 | 7 replies
Lenders can use legal ADUs to help qualify for the mortgage, so people that didn't even want to house hack before, may be in the market to do so simply to afford the type of house they want.
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9 September 2024 | 10 replies
Look for cracks in the foundation, walls, or ceilings, as these may suggest settling or shifting.Additionally, keep an eye out for pest infestations, particularly termites or carpenter ants, which can cause significant damage to wooden structures.Lastly, be aware of environmental concerns such as radon levels and underground oil tanks, which can pose health risks.Having a qualified home inspector conduct a thorough evaluation is essential.
10 September 2024 | 7 replies
If so you could qualify for the 121 exclusion and take the first $250k of the gain tax free.
11 September 2024 | 9 replies
These could lower utility costs over time, and you may qualify for rebates or tax incentives.Add Value to the Property→ Consider adding small improvements or amenities that justify increasing rent without losing tenants.
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11 September 2024 | 18 replies
It was inspected as a duplex, and I'd bet it'll be appraised as a duplex as well (basically removing the oven gives the appraiser plausible deniability), which could create value issues and impact your DTI if you need to use rental income to qualify.