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1 February 2025 | 14 replies
The Act specifically prohibits lenders from enforcing the due-on-sale clause when a residential property of less than five units is transferred into a revocable trust where the borrower is a beneficiary.2.
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5 February 2025 | 18 replies
Some, but not a lot of choices are rare do any of the prices make sense to me.
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7 February 2025 | 11 replies
They do follow the traditional process where disclosures are sent out to the borrower.
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31 January 2025 | 2 replies
Both options have pros and cons, and the right choice depends on your lifestyle, experience, and long-term goals.
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19 February 2025 | 19 replies
I did it, because I had no choice, but I would not recommend it.The pictures below are all (young me) me, including the guy inside the septic system.
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27 February 2025 | 10 replies
Nothing that can really do or happen but were you aware the borrower was in default at the time?
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6 February 2025 | 13 replies
Hello everyone, I am looking into buying my first Airbnb and the sole driver for this choice is to be able to take depreciation of my two LTR properties against my W2.
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26 February 2025 | 8 replies
Appreciate your thoughts on this As an LOA, you'll be basically be doing all of the legwork of a file - entering all of the data into whatever LOS is being used, processing the loan, preliminary credit analysis, reviewing all of the documents for completeness and accuracy, communicating with borrowers, etc.
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27 January 2025 | 8 replies
However, your lending choice will ultimately determine the best route, as rehab costs may consume a portion of your $50,000 investment budget.