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31 October 2021 | 3 replies
The two hard things you face which is a (No Go) for most lenders in a (NOO non-owner occupancy, and HELOC versus cash out mortgage) the HELOC is an open end line of credit and the few lenders that do offer those on Manufactured require that the HELOC must be used to pay off a 1st Mortgage and or any liens.I have seen investors have to go an actually get a "Title loan" because its still considered a DMV type issue where it was once delived on axle.
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1 November 2021 | 6 replies
Only mortgages on larger multi-families may permit a no recourse loan.
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8 November 2021 | 3 replies
I believe this purchase price to be fair, and because the seller is willing to seller finance with little to no money down, it seems like a no-brainer that I should go forward with the deal.
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1 November 2021 | 1 reply
Compare that with the 0.01% - 0.03% that most banks offer and its a no brainer.
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19 November 2021 | 7 replies
With this individual, no verifiable income is a no brainer for me.
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5 December 2021 | 11 replies
I'm considering perhaps lowering the rent a bit in exchange for the tenants taking on the responsibility for the utilities, but also understand that this may be a no-go in this area. 3 - The rents appear reasonable to me based on my due diligence ($800 for the 1+1 and $1,000 for the 3+1) - would you agree?
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2 November 2021 | 4 replies
Just tonight, 11/1 I had a no heat call.
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4 November 2021 | 5 replies
Evolve is a no go.
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3 November 2021 | 7 replies
Am I missing something here, or with my strategy is this a no-brainer?
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4 November 2021 | 4 replies
a "no tax due information report", but the one thing that stumped me is if my LLC is a 'passive entity' or not.