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14 June 2024 | 25 replies
From personal experience, MLS deals are much less lucrative given their higher price points (typically).With respect to financing, you can talk to any of the hard money lenders on this site for different financing programs they offer (some are tighter with someone who has not yet executed a flip), you can take equity out on existing properties you have, you can use private loan from a friend or relative.
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15 June 2024 | 17 replies
Is this someone using an AI Chat program?
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12 June 2024 | 2 replies
Yes, you can use FHA and Conventional program for a primary home if you are buying a "Distressed" property - (Will not pass an inspection) "Subject to"> FHA offers a 203K loan and Fanie Mae offers a Home Style program which has the sole purpose of working with distressed properties.
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12 June 2024 | 1 reply
Some programs may allow for up to 85% financing assuming great credit and meeting reserve requirements.
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12 June 2024 | 14 replies
starting out I use excel, as I grew I used quickbooks but there are many other programs out there that can track this for you.Regarding left on mortgage, I just left that with the lender and the digital statements but many times that is like watching the grass grow - especially if its a 30 year mortgage...
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12 June 2024 | 57 replies
@Andrew GlavinicThere are no mapping programs to transfer data.
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11 June 2024 | 1 reply
All Banks & Lenders are different as well as which program you used to buy the home.
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12 June 2024 | 10 replies
Depending on whether you have US FICO, US bank, Visa, etc, the programs you can qualify will change.
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11 June 2024 | 116 replies
Those programs are a huge rip off.
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12 June 2024 | 24 replies
However, sadly my friend did not work his program and today, many years later, he has about $20K in investments and lives in a rental apt.