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14 January 2025 | 15 replies
@Roman StefaniwWhen retirement accounts in the US get financing, the loans are called "non-recourse."
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21 December 2024 | 10 replies
If you're capable of getting funding from a bank, those terms are terrible.
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13 January 2025 | 3 replies
I have a bank locally that will use DOT as collateral for loans.
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13 January 2025 | 0 replies
That will put us into the long term capital gains category on the sale.
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14 January 2025 | 2 replies
I plan to apply for an FHA loan for my first investment if I were to find a deal, but if I can't something that works for buy and hold.
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30 December 2024 | 2 replies
typically (as you probably know) you buy something distressed, with either cash or hard money, you fix it up, and then you refinance into long term debt.
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13 January 2025 | 2 replies
If you choose to go with a first time home buyer program, you would need to identify all the terms and advantage of that as MANY are available.
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9 January 2025 | 2 replies
Sounds like you are getting hit with a lender who has overlays and possibly miscommunication between the loan officer/processor to the underwriter.
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14 January 2025 | 19 replies
I guess the question turns to which set of tools is optimized to medium term.
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12 January 2025 | 1 reply
Here's the breakdown:Financing: We used a seller carry deal with 25% down ($100k), a 30-year term (balloon in 10 years), and a 4.68% interest rate.