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16 January 2025 | 7 replies
Except that you will be required to get a loan for $200k or put another $200k from your pocket in to the deal.
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13 January 2025 | 0 replies
For example, if your house is worth $500,000 and you still owe $200,000 on your home loan, you have $300,000 in equity.
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16 January 2025 | 40 replies
They wouldn't be able to get a mortgage, but would have to do some kind of SBA loan or other commercial loan for the business with the properties as part of the business.
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15 January 2025 | 49 replies
and also, should I be recording the owner finance loan in any other place besides the properties tab?
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8 January 2025 | 4 replies
Quote from @Nicholas Dillon: I read somewhere that you can request to have your mortgage insurance dropped once your Loan to Value reaches 80%.
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9 January 2025 | 2 replies
I am seeing a lot of movement on VA assumable loans.
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12 January 2025 | 2 replies
You would have to check the loan terms.
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13 January 2025 | 4 replies
I focus heavily on the sell side and on the buy side only work with high net worth individuals so the newbie wanting a 400k multifamily with an FHA loan probably isn't for me.
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10 January 2025 | 22 replies
I know that varies but he just has selective empathy.
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17 January 2025 | 22 replies
You can bypass the longer seasoning requirement with a debt service loan.