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28 December 2024 | 8 replies
somewhere in the price range of 50k-100k, because thats what I can put a 25% down payment on.It sucks not being able to take advantage of an FHA loan for my first home purchase, but I don’t see myself moving soon because my entire family lives in LA.
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30 December 2024 | 0 replies
If you want to find out how much equity you have to see if that’s an option for you, connect with a real estate agent and ask for a professional equity assessment report (PEAR).Who knows, you may find out you have enough equity to buy your next place outright– and with today’s mortgage rates, not having to take out a home loan is pretty incredible.
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19 December 2024 | 6 replies
But that extra $7200/year will go a long way in paying down your loan faster, build up another downpayment fund, pay off other debt, etc.
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29 December 2024 | 8 replies
For example you'd buy a 200k property for 100k, spend 50k to rehab and then get it appraised for 200k and pull a loan for 150k.
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29 December 2024 | 4 replies
If you have money to burn, and actually have a successful investment/loan with this company, let us know!
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11 January 2025 | 19 replies
Classic 30 year, fixed rate loans.
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26 December 2024 | 2 replies
What type of loan products would be available for an LLC buying a house?
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3 January 2025 | 40 replies
Like I can do a BRRR on 600k property with no cash-flow or a 150k property with $300 monthly cash-flow, but do not have the same investment vehicle, and it is the same cash that is doing both, as for the 600k purchase I'd be using the same 100k towards hard money loan.
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17 December 2024 | 16 replies
@Yents Ybrimovic If the 203k loan only requires 3.5% down and you can finance all the repairs in the loan - then what exactly is your friend contributing?