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11 June 2024 | 11 replies
But the voucher program can also decide to stop paying for some reasons and there's not much you can do about it.
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10 June 2024 | 4 replies
Otherwise creative conventional..Low down, large concessions, property or borrower specific programs.
9 June 2024 | 6 replies
Check in with @Joseph Chiofalo for 5+ unit loan programs.
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11 June 2024 | 8 replies
Let’s say the humans who programmed the AI.
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10 June 2024 | 15 replies
Actually, that may be the better bet for getting more cash out now and we offer an Interest-only program on DSCR if you were trying to max out re-investment in the short to mid term.
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9 June 2024 | 3 replies
In Gary Keller’s book, Shift, he lists 25 creative options that are most common, but barely scratch the surface:- Seller Contributions- Seller-Funded Permanent Buydown- Seller-Funded Temporary Buydown- Owner Financing- Contract For Deed- Seller Second Lease Option And Lease Purchase- Seller-Assisted Down Payment- Wraparound And Assumable Mortgage- Gift Funding- Selling And Refinancing Existing Assets- Non-Occupied Co-Borrowers- Using 401(K)- Temporary IRA Transfer- Pledged Asset Mortgage- Equity Transfer And Bridge Loan- Employer-Assisted Mortgage- Lender-Funded Buydown- Fannie Mae’s “My Community Mortgage”- Running Scenarios With Automated Underwriting Systems- Adjusting Amortization Period To Lower Payment- Adjusting Interest Rates To Cover Closing Costs- State, Province, And Local Grant Or Bond Programs- Mortgage Credit Certificate- Private LendingHe said these options barely scratch the surface.
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11 June 2024 | 9 replies
Thanks,Chris @Chris Heinmiller We've been working with our local Habitat to create a program where we could partner to help them expand beyond SFH into multi-family and townhome options.
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9 June 2024 | 8 replies
I have some thoughts to your question:1) Maintenance service plans (requires agreement with preferred vendor, or if you have maintenance staff, through your company)2) Landlord liability insurance through third-party insurance providers (note: this is in addition to a Dwelling Policy, which the owner should already have)3) Lawn maintenance service programs (requires agreement with a vendor for agreed-upon pricing, or if you have lawn staff to provide this service, through your company)4) Fee in lieu of security deposit (requires agreement with insurance company that provides this service)5) Increased inspection options (e.g.
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9 June 2024 | 3 replies
There's a specific development program for financing newly constructed properties for buyers and the entire project as well.
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7 June 2024 | 2 replies
Moving between assistance programs usually takes about 45 days.