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22 September 2024 | 13 replies
Yes Lisa you can refinance out depending on what your situation is:- Full Doc conventional loans will require Income, assets/value of the property, and credit to qualify to refinance out- DSCR loans only require market rental income and credit + enough assets for monthly payment reserves 3-6 months (no personal income or other liabilities are factored in, just the property in question)- Refinancing into another private loan - this is only a bandaid temporarily to provide aide but will not be a permanent solution since most private loans term up or are due in 6-12 months after funding @Matthew Kwan@Carlos Valencia
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20 September 2024 | 3 replies
Or are you wholesaling Manufactured homes that have been tied down and made permanent?
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20 September 2024 | 2 replies
These are double wide homes that would be attached to the permanent foundation (on owned land, not in a park) and that the investor would look to sell right away to people that would occupy the homes as their primary residence.
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19 September 2024 | 18 replies
If your tenant has a history of failed payments, we permanently move to 3 day holds to ensure the funds are available.
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20 September 2024 | 9 replies
Helocs are great for covering rehab costs or financing properties that are flips/BRRRRs, but I don't recommend using them to permanently finance the downpayment.
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17 September 2024 | 2 replies
Waiting on permanent financing to close.
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23 September 2024 | 81 replies
Of course, given the cultural taboo of it all...not the permanent solution.I'd say charge them.Cracking up...spending my Thursday morning talking about poop paper solutions...
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16 September 2024 | 7 replies
A tent is not considered a permanent structure whereas a geodesic dome is a stick built home on a foundation.
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15 September 2024 | 3 replies
In a perfect world, I would get a non-recourse construction loan, one-time close to permanent financing.
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14 September 2024 | 12 replies
If they really wanted to save lives they'd let me just install a permanent ladder.