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13 January 2025 | 5 replies
., pool)-LandscapingNot Acceptable Renovations:-Commercial Use (e.g., turning a residential property into a commercial property)-Temporary Structures-Non-Residential Buildings (e.g., barns, stables)FHA 203(k)Minimum Down Payment: 3.5%Minimum Credit Score: 620Minimum Loan Amount: $50,000Maximum Loan Amount: $524,225Occupancy Types: Primary Residence ONLYUnit Maximum: 4 UnitsAcceptable Renovations:-Structural Improvements/Reconstruction (e.g., adding rooms, bathrooms)-Cosmetic Enhancements-Eliminate Health and Safety Hazards-Energy Efficiency Improvements-Major Landscaping (e.g., grading, tree removal, adding walkways)Non-Acceptable Renovations:-Luxury Items-Commercial Use-Temporary Structures-Non-Residential BuildingsBoth of these renovation loans are similar in many ways, but the key differences are:1.
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14 January 2025 | 1 reply
I want this to be acceptable long term if I keep this method of financing.
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29 January 2025 | 20 replies
I don't mind setting things up on platforms like AirBNB and VBRO and even setting up my own website for direct bookings.
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20 January 2025 | 14 replies
I agree with Michael, probably need to make 100 offers per 1 accepted to find a good deal.
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6 February 2025 | 8 replies
I can accurately estimate utility costs as most util companies have estimated usages and amounts on their websites, but costs like maintenance, CapEx, make ready, etc., are much harder to estimate.
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22 January 2025 | 16 replies
A website like Pet Screening can help you verify and document pets to ensure they’re a good fit for your property.
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21 January 2025 | 19 replies
@Chris SeveneyI agree it is not the most professional website I have seen.
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22 January 2025 | 14 replies
If youre wanting to make a cash offer, all I can say is that Ive never seen a competent seller/listing agent accept a cash offer without proof of funds, meaning a bank statement or similar document(s) showing liquid cash for closing.
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20 January 2025 | 2 replies
Would that be, for example, if the PM says, "I manage a duplex for John Smith in Turlock," then I call John as a reference, ask John a few questions, and then ask John the address of his duplex so I can later look it up on the county website and verify if he is the owner?
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21 January 2025 | 6 replies
The state website can also be very informative.