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9 July 2024 | 8 replies
Feel free to inquire about their staff qualifications if it's a larger organization.2.
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7 July 2024 | 13 replies
If you can find a warranty that allows you to use the vendors of your choice, that helps.
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8 July 2024 | 15 replies
The seller is not desperate but certainly anxious to sell this home because they have found a larger home they'd like to buy.For the deal to work I would need to get the property sub-to which the seller is willing to do but neither of us are sure about the fact that the loan is a VA loan.
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8 July 2024 | 15 replies
I am going to start visiting the larger offices, leaving materials, answering questions, etc.
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7 July 2024 | 4 replies
If the pricewould have been $20k less I would have been good with just a VA loan.So depending if you're looking at a larger more expensive house, I wouldn't refi the 1st one as I'm sure your interest rate is pretty low, plus adding closing cost would add more $ being refinanced.
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10 July 2024 | 31 replies
This route requires a larger rehab budget and more work (and risk).
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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.
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12 July 2024 | 40 replies
Some of the larger firms must have low capital cost and annual growth numbers to hit.
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8 July 2024 | 18 replies
I’ve looked at the Melbourne area and would be happy to connect offline to learn more.I go back and forth between a luxury condo (pros are easier to manage, less maintenance: cons high HOAs, limited STR rules) or a newer built home (pros are larger space, more private, higher appreciation potential: cons higher insurance, more maintenance, more upkeep, more services like lawn care/pool cleaners/etc needed).
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7 July 2024 | 9 replies
Accountants are in such demand, that the best are not even accepting clients half the time.The other problem I see often with accountants on here is that they specialize in larger investors, and have really high prices when you as a smaller investor do not need all the bells and whistles.Another thing I see is folks thinking they need to have a tax professional in their state.