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12 July 2024 | 281 replies
Zombie Bees do exist: http://en.wikipedia.org/wiki/Apocephalus_borealisMy current tenant story of the week:T: Our place has gotten really cold recentlyI'm in the area.
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8 July 2024 | 9 replies
Cash out refi on your existing properties, use those funds to scale.
7 July 2024 | 10 replies
He just kept coming up with new issues and needing more money that didn't exist.
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9 July 2024 | 16 replies
This goes for locals as well in many places in the world, bank financing just doesn't exist.
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7 July 2024 | 11 replies
I don't think a "VA" construction loan exists.
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6 July 2024 | 4 replies
Personally, I would be hesitant to jump into a deal when the existing partners are cash-strapped.
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8 July 2024 | 3 replies
All I had to do was disconnect the icemaker line and install the shut off valve onto the existing line so that the Home Depot delivery crew could install the fridge seamlessly.
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7 July 2024 | 4 replies
The way I heard it explained is that you take over the existing mortgage and then you can either rent it or transfer the mortgage to someone for free but the videos I’ve watched never say anything about giving the seller anything other than money down to lock it up.
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7 July 2024 | 9 replies
All this means is that you take over the existing mortgage with the same lender but using your credit, income, and assets (the same way as you would obtaining a new mortgage).
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7 July 2024 | 1 reply
The challenge that many borrowers run into when looking for larger equity lines with limits of $250k+ is that they typically require full income verification (not always bank statement and DSCR exist) with lower DTI ratios (43-50%) however although the repayment scheduled is based off a simple interest only payment, (usually a 30 year amortization schedule with the initial draw period of 5-10 years) the qualifying rate is based off of the converted twenty year amortization schedule (240 equal installments) of the payback period.