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16 October 2024 | 7 replies
Credit Score:For 10% down, lenders usually expect a credit score of at least 720 or higher.
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17 October 2024 | 6 replies
They do not however have the knowledge, credit score, or physical ability anymore to fix or get into real estate.
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19 October 2024 | 0 replies
Lenders: Strong connections can ensure timely financing, even with tightening credit standards.
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18 October 2024 | 6 replies
You may need to explore different financing options such as short-term fix and flip loans, home equity lines of credit, or even remortgaging another property.
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16 October 2024 | 5 replies
Any recommendations for institutions that can extend a line of credit backed by a whole life policy?
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15 October 2024 | 4 replies
Verifying last 2 years of rental history very important!
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17 October 2024 | 19 replies
If you see red flags on the credit or other areas, I would not accept.
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16 October 2024 | 2 replies
When you see low sales prices in history, these are likely local investors.
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18 October 2024 | 8 replies
and on the business you own 50% of the K-1 will say that, so you will be hit with or credited with 505 of the business loss or income.
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16 October 2024 | 2 replies
I’m looking at private lending to flippers with a line of credit or using a line of credit to put a down payment on a new cash flowing property (which is extremely hard for me to find right now) but with a line of credit as a down payment I would be financing a new property at 100% at unfavorable rates.