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17 August 2024 | 16 replies
Research local laws and regulations, build a team, and stay flexible as the real estate market changes.Good luck!
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17 August 2024 | 8 replies
@Mak K.Your best bet is to get multiple quotes and do research on the roofing companies.
16 August 2024 | 3 replies
These loans cover the costs associated withpreparing the land for subdivision, such as grading, infrastructure, and legalfees.Ground-Up Construction Loans:If you plan to build on the land, a ground-up construction loan might be ideal.These loans typically cover both the cost of the land and the construction.They can offer more flexibility and longer terms, making them suitable for avariety of projects.The best option will depend on your specific needs and plans for theproperty.
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20 August 2024 | 452 replies
(if they only require 15% down on a single family home that is usually a good sign that you are working with a flexible lender) Can I change title to my LLC?
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16 August 2024 | 19 replies
A HELOC might offer more flexibility if you're planning to purchase multiple properties over time, while a cash-out refinance could provide a lump sum that you can deploy immediately.1031 Exchange: If you decide to sell your Corpus Christi property, you might explore a 1031 exchange to defer capital gains taxes.
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15 August 2024 | 6 replies
Two percent for the listing agent is fair.With the new flexibility due to the NAR settlement, I wouldn’t, as a seller, offer to pay the buyer’s commission and have the buyer pay the buyer’s commission.
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14 August 2024 | 7 replies
However, if they do, they are likely just 'okay' with it and would likely leverage the 10-07 market rent analysis on the appraisal to actually calculate and determine the official DSCR during Underwriting.Hope that helps, if you do have a tenant who is willing to be flexible, the 12 month is always the safest bet.
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16 August 2024 | 6 replies
Best of luck, I bet it would be great!
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16 August 2024 | 7 replies
If it's unable to be rented, a bridge type loan that Erik mentioned may be best bet.