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12 August 2024 | 4 replies
Additionally, securing funds to split the equity might require accessing other resources.In some cases, a partition may be an option to help pay off bills if you opt for a divorce buyout instead of a cash-out refinance.
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12 August 2024 | 1 reply
How Lower Rates Could Influence the Housing MarketLower mortgage rates can enhance the purchasing power of prospective homebuyers, making homeownership more accessible.
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12 August 2024 | 4 replies
@Timothy YangCosigning with family members can offer larger down payments and easier loan terms, but may limit future credit or access.
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15 August 2024 | 28 replies
Not sure your guest access, but I have keypad entry, I use the last 4 digits of the phone number used when booking.
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11 August 2024 | 1 reply
I'm considering two options for my property and would appreciate some advice:Cash-Out Refinance and Then Sell: Cash-out refinance to access some of the equity, then sell the property to get the remaining equity.Sell the Property Directly: Skip the refinance and sell the property outright.My main concerns are:Fees: Are there more fees involved with doing a cash-out refi and then selling compared to just selling directly?
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13 August 2024 | 14 replies
It took them 2.5 hours to figure out the correct lockbox code so they wasted 3 hours of my time and my brother’s time as he had to drive to the unit twice to gain access to the property.
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12 August 2024 | 1 reply
The same deal falling onto the lap of an investor without cash or access to quick credit, would at best end up giving up half the profits and at worst get a small “finder” fee.1.
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12 August 2024 | 5 replies
The problem I see is the masses have not understood the advantage of purchasing a duplex.As far a Lennar is considered an entry level builder, I don't see that their neighborhoods in general have very good price appreciation, unless they are in a unique area where the location is exceptional.I think that prices are falling, and that you should be able to find a deal, the I-35 Corridor from San Antonio to Austin is a very hot area.Here is an example of a property that was listed for $342,000, and the list price is down to $300,000, with a price drop of $20,000 on 7/29. 1261 Stone Rim Loop, Buda, Texas 78610, If you need any comps or info, just let me know, I'm a licensed Broker in Texas, and I have MLS access across the state.Also, I'm not sure if you know, but you can split your 1031 exchange and purchase multiple properties instead of just 1 property.
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20 August 2024 | 452 replies
These loans that include future rehab will come in different flavors from current 7's to 12%'s in rates with different speeds to close, ease of access to the funds, different pricing and requirements to qualify.Typically the more Full Doc or tougher the qualifications are (like debt to income or DTI req's) the lower your rate/pricing so its a trade off.
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11 August 2024 | 9 replies
I suggest using an independent insurance brokerage who can access many different carriers.