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20 October 2024 | 1 reply
It’s currently a single lot and contains my family and I’s primary residence which we have about $250k of equity in.
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20 October 2024 | 14 replies
Thanks in advance. 90% LTV product cash out is for primary residence and has no monthly MI pricing is about 1-1.375% higher than conventional going pricing so there is a slight premium for it but it is 30 year fixed and available for those who need the money compared to other options available.You can always transfer to LLC later on once you've seasoned your payment history on the loan for 6+ months to be safe.
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24 October 2024 | 12 replies
The primary reason why people form a company is to limit their legal liability from lawsuits.
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22 October 2024 | 5 replies
If you are flipping to sell, it may be best to present the house with an open airy feel that is ripe with potential.Kitchen finishes: Our primary home was a flip with white cabinets and black finishes.
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19 October 2024 | 7 replies
The question you should first ask yourself is why would the seller enter into one of these creative transactions instead of pursuing a traditional sale?
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23 October 2024 | 7 replies
Another option may be to secure the loan using primary residence as collateral.
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25 October 2024 | 26 replies
I would say 2/10 are investors, the rest looking for primary homes.
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22 October 2024 | 4 replies
Inspections are very good for homeowner buying a primary residence because its a huge purchase in their life and they usually have little knowledge or experience, but many experiencedinvestors myself included feel confident that we will see most anything an inspector would.
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20 October 2024 | 13 replies
There is a lot more paperwork for these traditional mortgages and they will probably take 2-4 weeks longer, but you could save quite a bit in fees and rate.Otherwise, DSCR or a commercial loan is the way to go.You may be engaging in overkill if this is your first property and you are trying to put it into an LLC.
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21 October 2024 | 5 replies
I am in the Houston area and my primary goal is to become financially free and look to enjoy more quality time with my family as I do want to move away from the day to day desk job.