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17 January 2025 | 16 replies
If that country is part of the Hague Convention, a local official can handle the signing and attach an Apostille authenticating the document(s).
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6 January 2025 | 3 replies
I would focus on improving your credit and obtaining a more stable income so that conventional financing is an option.
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5 January 2025 | 2 replies
If not, I'm guessing it would be treated as a traditional rental loan, either conventional or DSCR, using market rents rather than the rent in the lease agreement.
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5 February 2025 | 30 replies
I can put 20% down; the rest could be HELOC or a conventional loan.
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29 January 2025 | 23 replies
This is what I am encountering, in the current Mortgage Industry.If you think you will go FHA, Conventional, FHA 203k, etc. and then Quit Claim the property, to a LLC, or a Land Trust you run the risk of the lender discovering a Title Transfer occurred and activating the "Acceleration Clause" or "Due on Sale Clause" that requires the loan to be paid in full, within 'x' number of days.
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8 January 2025 | 6 replies
I can make the down payments in the smaller market on cash-flowing deals, but these bigger markets require 40-70k to make a deal the conventional way, and I just don't have that to invest.
2 January 2025 | 2 replies
I would recommend reaching out to @Denver McClure as he may be able to help with a non-conventional loan
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18 January 2025 | 15 replies
Since you have work history, if you get a job with salary income and a credit score above 640 (680 realistically), a conventional cashout refi is within reach as soon as you reach those metrics.
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6 January 2025 | 7 replies
I know of a lender around 7.3%, but curious what everyone else is seeing.Keep in mind, we're talking DSCR, not conventional.
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6 January 2025 | 5 replies
Higher loan balances we would likely see an opportunity in the future to refinance again due to lower rates so consider a 2-3 year prepayment penalty.Of course if you qualify for Conventional Financing (Fannie/Freddie), there are no prepayment penalties so just calculating out the return of investment timeline on point buy downs.Good luck shopping and let me know if you want to talk further!