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9 December 2024 | 166 replies
What people find appealing about Bitcoin, is what made it run afoul of the post-recession and post-9/11 PATRIOT Act anti money laundering stuff.This is a direct quote from the FHA Customer Service team at the Department of Housing and Urban Development, again for an FHA loan.I am sorry, without a traditional bank statement, we could not verify the Bitcoin funds came from an acceptable source and was not provided as a loan by an unauthorized party to the transaction.
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8 December 2024 | 7 replies
If this was me, I would leverage my equity into a commercial office/retail/industrial multi-unit or multi-family property.
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4 December 2024 | 2 replies
However if you are attempting to use rental income for your departing residence that's where it will be a little tricky...
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9 December 2024 | 16 replies
If you pay retail, you'll be looking at 500k to 550k depending on area and lot.
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3 December 2024 | 4 replies
I'm specifically interested in "main street" properties with a downstairs retail space, upstairs apartment(s).If you know of anyone with this sort of experience, I'd REALLY appreciate the connection.
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4 December 2024 | 2 replies
Also confirm that county maintenance liens are added to the tax debt.Fourth, you can contact your county ordinance department, usually those who handle house condemnations and mowing liens, and provide them with the property tax number, photos of the violation with a complaint from the named neighbor about the risk.
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5 December 2024 | 7 replies
I’m surprised they were dumb enough to jack the sales price up 70 K above retail.
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30 November 2024 | 3 replies
I know it sounds like I'm splitting hairs but some banks write HELOCs in their residential department....which won't write Investment Properties.
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3 December 2024 | 6 replies
Their customer service department is very responsive.When selling a service as taking care of everything and handling the complete process, this includes all forms, liabilities and considerations for that particular need.
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5 December 2024 | 2 replies
: I understand that there is commercial and residential, but there has got to be subgroups While I don't think you need to niche down immediately, some specializations in residential RE are:- Co-op- Condo (incl. luxury)- SFR (median pricepoint)- SFR Luxury- MFR- RentalsThere are a ton of commercial RE specializations including retail (various types), restaurant, other food/bev., warehouse, storage, and dozens more.What should I expect when first coming into the profession ?