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28 December 2024 | 12 replies
In a perfect situation, the payment will still be delayed (even if by hours) using this additional system.And secondly, many of these vendors have "clawback" provisions where, in their terms of service, you give them permission to go back into your account - even weeks after the fact - and reverse a deposit that was made by your tenant.My system is simple, allows for tenants to pay through multiple means, and does not cost me anything extra.
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28 December 2024 | 8 replies
This metric does not work, if trust falls out of place, and faith falls from the team and rests then on individual greed.
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11 January 2025 | 420 replies
Here in Canada, those taking a fixed-rate, fixed-term mortgage will typically be allowed 10 - 20% prepayment per year and an increase in payment size also of 10 - 20%.
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29 December 2024 | 3 replies
Tried other things but can't make anything better since it gives me space, allows me to prioritize and delegate, and is practically free.
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28 December 2024 | 6 replies
@Jonathan Chan Here is a list of allowable assets for SDIRA investing.
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29 December 2024 | 10 replies
1) 20% down will allow you to do a conventional investment loan, but you will have to either:- Qualify with the new payment + your current payment- Lease the property out, allowing the lender to use 75% of the monthly rent to offset the mortgage (confirm with a lender).2) You could also do a DSR 20% down loan, but the interest rate will be much higher than conforming rates.3) If less than 20% down, you could:- Do a 10% 2nd home loan as long as the new property is at least 50 miles from your current home or near a qualifying vacation spot (confirm with a lender).- Do a 5% down conventional mortgage if you plan to rent out current home and live in the new one for at least 12 months.
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5 January 2025 | 24 replies
Specifically, I’m thinking of putting in an offer on a $295K single-family home zoned R-2 for multifamily use, with plans to build the maximum allowable units at the back.
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27 December 2024 | 8 replies
He was happy to allow me to rent out nightly because it actually helps keep his property in better shape than a long term renter (having a cleaner in there every turnover, short stay guests always let you know when something isn't working, etc) but didn't want to hassle with worrying about a percentage of income/management, etc.
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29 December 2024 | 8 replies
A co-worker of mine is selling her condo (which is not listed on the market) and is allowing me first dibs.
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1 February 2025 | 56 replies
So our company ONLY bought seller finance and did not allow DOS or we did not buy..