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7 July 2024 | 27 replies
PLEASE NOTE: For purposes of determining the VA guaranty, lenders are instructed to reference only the One-Unit Limit column in the FHFA Table “Fannie Mae and Freddie Mac Maximum Loan Limits for Mortgages Acquired in Calendar year 2016 and Originated after 10/1/2011 or before 7/1/2007”.Maximum Guaranty Loan Limits for February 28, 2014 to December 31, 2014 Maximum Guaranty Loan Limits for January 1, 2014 to February 27, 2014 2013 Loan Limits Maximum Guaranty Limits for August 6, 2012 to December 31, 2012 Maximum Guaranty Limits for January 1, 2012 to August 5, 2012 Maximum Guaranty Limits - October 1, 2011 through December 31, 2011 2011 Loan Limits 2010 Loan Limits 2009 Loan Limits 2008 Loan Limits Guaranty Calculation Examples - Review these common situations to see how a VA-guaranteed loan limit is calculatedRemaining EntitlementVeterans who had a VA loan before may still have "remaining entitlement" to use for another VA loan.
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8 July 2024 | 21 replies
Also, I do think it is possible to do a 2nd mortgage for the balance like you were talking about instead of seller financing, but we are in a unique situation where we could do seller financing and be ok with that.
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9 July 2024 | 197 replies
No two people have the same unique combination of nature and nurture, and I will never be able to fully understand exactly what another individual is experiencing and why."
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6 July 2024 | 29 replies
LOL So now each of my LLC's that has a different project has to have the developers license. its a pain there is no test but its a bond and insurance and not every one can get bonded these days.I know having done a lot of work in Chicago how tough that city can be as well.. no one is going to teach you this you just kind of learn it.so bottom line unless this person has some very narrow niche // or its just a raw raw thing to motivate you chances are there is nothing unique and I am not talking about getting rich with tax overages or some of the other things that get recirculated constantly.
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4 July 2024 | 11 replies
Definitely a unique market, I love it!
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12 July 2024 | 281 replies
We'd already filed rent court papers, which the tenant grabbed his copy off the table, marched over to us in the doorway, waving the papers around with one hand, pointing at it with the other hand, saying, "This is fraud!
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7 July 2024 | 30 replies
This does NOT include brokers who try to disguise themselves as lenders by utilizing table funding, etc.
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3 July 2024 | 2 replies
Along with my 2 business partners I buy & build small micro-resorts and unique vacation rentals across the Appalachian region.
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3 July 2024 | 5 replies
I understand most East coast and mid west sellers and buyers insist on going to the closing office and sitting around a table..
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4 July 2024 | 8 replies
When people here send me private messages or ask me on a call, one of the many things I'd tell them if they want to buy pre-construction is to check the developer's construction license and that it complies with the zoning rules (and I'll tell them if I know what those are).You woudn't believe the amount of people that are ready to put a sizeable amount of cash on the table but won't spend the little extras needed to make sure they don't lose it.