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20 November 2024 | 37 replies
A lot of the time, the HML 2nd secured by the high equity primary residence would end up getting paid off in short order with via a HELOC, so there'd have to be points in it upfront for the HML for it to make sense.
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12 November 2024 | 4 replies
I would say credit partnership meaning that someone allows me to use their qualifying credit to qualify for financing at the same time they are an equity partner on the deal who I split profits with?
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13 November 2024 | 4 replies
I definitely qualify for a good chunk, but trying to decide if it's better to get an interest only HELOC or a P and I HELOC.
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13 November 2024 | 2 replies
We do them, but they aren't cheap and your LTV will be lower that a HELOC on a primary residence.
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15 November 2024 | 16 replies
I spoke with two lenders who they suggested and the lender I normally work with and I could not qualify with my primary home and rentals.
14 November 2024 | 5 replies
Specific Questions.With a long term one year lease term, with month to month terms after, how difficult is the process to "force" the Tennent out if needed to move into the property as our primary residence.
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13 November 2024 | 14 replies
Padsplit residents can cause problems with neighbors and other residents because many have substance abuse and/or criminal histories.
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18 November 2024 | 17 replies
Magnolia's tv network just launched in February, so Waco is only going to become more well known and with that comes tourists, businesses, and eventually new residents.
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12 November 2024 | 1 reply
Builders, house flippers, brokers, etc.Unfortunately, banking and finance services and certain architect and engineering services don't qualify.
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14 November 2024 | 10 replies
If it's not included in the rent, many companies charge a flat fee to monitor & pay utilities.2) Assuming you're referring to resident benefit packages, renters insurance, and other charges for services the PMC offers to tenants.