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16 October 2024 | 6 replies
I bought a property where the current numbers don’t make exact sense, but it’s my personal residence and cheaper than renting for me even in todays market.
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16 October 2024 | 2 replies
I have a couple affordable properties and need help get HAP residents in.
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18 October 2024 | 7 replies
The tax credit is for primary residences and commercial.
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16 October 2024 | 7 replies
If you occupy the property as your primary residence, you can potentally do a HELOC or fixed second mortgage up to 90% CLTV.
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17 October 2024 | 6 replies
@Dayana Castellon the only marketing that would make sense is marketing Airbnb & VRBO are NOT covering already.Maybe market directly to insurance companies looking for rentals for their clients needing temporary housing while their fire-damaged home is being repaired.Corporate travel departments might be another option.Hospitals with resident doctor programs.The challenge will be doing this marketing efficiently enough to make it worthwhile.
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16 October 2024 | 0 replies
Investment Info:Single-family residence other investment.
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17 October 2024 | 26 replies
The important points often glossed over are (1) is the buyer providing their personal guarantee to the seller for the note (2) is the seller maintaining a wrap position so they can foreclose in the event of default and gain ownership (3) is the buyer putting up additional collateral (4) how large is the down payment (5) what is the LTV (6) is this a personal residence for the seller or investment property (7) will the property cash flow and if so what will the cash flow be (8) is the property in a increasing, declining, or stabilized area (9) is the property being sold at market value, or above market value because of the low interest rate of the existing mortgage and (10) how experienced and what is the track record of the buyer, and is the buyer purchasing a property for investment or to live in or otherwise use.
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20 October 2024 | 17 replies
most west coast states you cannot get a deficiency on a purchase money loan on a primary residence..
15 October 2024 | 6 replies
Then I bought a bigger condo for our primary residence in 2022 for 275k with a conventional mortgage (5% down,1.5% APR).
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16 October 2024 | 9 replies
I have tried going through the conventional route of HELOC and Home Equity Loan for my primary residence.