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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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18 November 2024 | 9 replies
This also leads owners to ASSUME simpler is better when it comes to management contracts.
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19 November 2024 | 6 replies
But most importantly, they do not need to be paid back.Funding Sources:Local Government/MunicipalitiesState GovernmentPrivate FoundationsFederal GovernmentFamily OfficesCorporationsWhen applying for a grant, ensure you have an understanding of the details such as eligibility, your project readiness, the purpose, funding amount, areas of funding, limitations and deadlines for the application.The prime candidates for a grant are 1) those developing a real estate project or physical space, 2) scaled non-profits and 3) certified non-minority owned businesses.Ensure you are able to provide the following documents before applying for the grant:Show site control through documentationA project description or business planConceptual drawings or renderings of the physical spaceProfessionally prepared budgets for the company and projectWhat does the grant application process look like?
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15 November 2024 | 4 replies
Aloha guys, I am a new investor with no knowledge and experience looking to BRRRR in Indianapolis and looking at a Seller's Disclosure and Lead based paint.
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20 November 2024 | 23 replies
We use a fixed master code for access and can generate single-use codes for specific dates, ideal for maintenance purposes.
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20 November 2024 | 15 replies
If it is a private loan or hard money loan, chances are that they won't have an NMLS since it is not a consumer purpose loan.
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18 November 2024 | 1 reply
The biggest challenge for being a great realtor is always generating leads and staying organized.
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18 November 2024 | 9 replies
@Brady Hales @Jason Marino, aren't you supposed to register this WY LLC in the state you are living in as it is considered doing business from that states and then losing the anonymity purpose of that WY. my understanding is that the reason to put it into a irrevocable trust is for asset protection purpose as you do not own these properties anymore. what am I missing ?
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21 November 2024 | 6 replies
I will leave this post and the previous thread up for transparency purposes.
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19 November 2024 | 7 replies
Or she stops paying either on purpose or by accident and doesn't tell you and that wrecks your credit...