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19 August 2024 | 4 replies
That is the question, as refinancing may not solve the conventional loan issue. also many conventional loans require a seasoning period of 3-6 months.
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17 August 2024 | 2 replies
@Robin Cornacchio Theoretically you could but your ira doesn’t have any credit so nobody will likely extend credit to it.
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19 August 2024 | 18 replies
I plan on extending my wings far and wide in terms of location.
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18 August 2024 | 4 replies
Some landlords offered more expensive rent for a 9 month period but the math didn't really make sense (half month savings at most) compared to a standard 12 month lease.
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17 August 2024 | 25 replies
But if you buy four $200K houses then it's apples to apples and you're not going to fall behind.For what it's worth, I'd be concerned that if you over extend yourself buying a primary home you'll create a larger scale issue than just being house poor.
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19 August 2024 | 13 replies
It might depend on if owner died prior to the redemption period was over and possibly if prior to your quite title action
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19 August 2024 | 7 replies
Helocs (as opposed to heloans) are interest-only for a period of time, usually 10 years, so during that time the monthly payment is lower on a DTI calculation than a first position mortgage with the same balance.
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19 August 2024 | 6 replies
At 0 completed rehabs in the last 3-years you'd be looking at 75% of the purchase price + 100% of rehab with no prepayment penalty periods.
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17 August 2024 | 7 replies
Your service grants you a great opportunity and your VA benefits can extend to multiple properties and you can discuss that with your VA lender.