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16 September 2024 | 5 replies
Then you have the full amount available to you, ONLY IF YOU NEED IT.3) Secure funding for the property using someone else's money.
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14 September 2024 | 3 replies
I recently purchased land in South Texas with plans to build my forever home. I paid for the land in cash and am now looking to take out a construction loan to build the house. Does anyone have experience with banks i...
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16 September 2024 | 11 replies
However, you will need to pay the additional cost of securing a new mortgage.This is based on:* I added $600 to ARM to cover its additional expense (increases monthly payment to $5,104)* No prepayment, except all paid off at end of year 5 for both loansThese are the monthly movements, I hid a lot of rows for simplicity
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16 September 2024 | 12 replies
How secure are your two jobs?
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15 September 2024 | 11 replies
While some point to tax benefits or the potential for higher interest rates compared to banks, the real motivation is usually the perception that the seller can secure a higher price by offering financing.
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15 September 2024 | 22 replies
Yes, most definitely at that credit score depending on the prepayment penalty you want and even at 20% down I can secure you financing anywhere in the 6's.
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15 September 2024 | 1 reply
If you're serious about building wealth and securing your financial future through real estate investing, you know that financing can often be one of the biggest hurdles.
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16 September 2024 | 4 replies
I'm wondering if any veteran on BiggerPockets has ever utilized their VA loan to secure any multifamily property ( specifically here in Los Angeles County), i'm familiar with the process but just wondering if anyone has ever done it.
14 September 2024 | 12 replies
Looking at the data you provided for Melbourne, FL:- Average rent is around $2,000-$2,100- Rents have actually decreased slightly year-over-year- There's a wide range of rental prices ($650 to $6,500)This suggests a diverse market with potential opportunities, but also some volatility.
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17 September 2024 | 68 replies
The market already has appreciated and rents have drastically increased nation wide.