Christopher Nathaniel Hart
In need of some advice
19 November 2019 | 7 replies
Well and good, you have it now, but you've exhibited a significant lack of understanding of this business.
Chris Mason
VA Loans, "Jumbo VA," etc, 2020 and Beyond
5 January 2020 | 3 replies
Most important: "Exhibit A: Loan Limit Examples"Recall that a 25% guarantee = you don't have to make a down payment.
Brian Tome
Stories of Giving Back
1 December 2019 | 4 replies
Anything else seems like a potential problem if you find someone in need but exhibiting financial problems.
John Perry
Opportunity Zone LLC Structure
9 September 2019 | 6 replies
As shown in Exhibit 2, where a taxpayer rolls $10 million of deferred gain into a QOF, and that QOF invests $9 million into a qualified opportunity zone business, only $6.3 million of the original gain needs to be invested in the QOZ; the balance can be invested outside the QOZ.
Austin Works
Can you use 1 contract when buying a package of SFR's?
19 September 2019 | 3 replies
@Austin WorksWhen I put together package deals, my title company allows me to attach the remaining properties, as part of an Exhibit.
Chuck H.
WA Supreme Court upholds Seattle’s first-come, first-served law
18 November 2019 | 19 replies
You sit down (either in a vaccuum or with your laywer, some acquianance with a rental, etc and hash out your criteria, then somebody shows up who meets those criteria but are exhibiting some behavior, or something comes up in the screening you didn't anticipate but which is a huge red flag, but now you are stuck and would have to offer them the unit.It seems nuts, but the what if somebody shows up totally drunk has happened to me - multiple times.
Account Closed
Pet Wellbeing Per Lease
17 December 2019 | 5 replies
He operates a business from his home and offered to take care of my dog while I was at work.Initially this arrangement was perfect, but my dog has been exhibiting severe anxiety symptoms.
Account Closed
Investing in Harrison
7 January 2020 | 3 replies
Some alternative options you can exercise are to search for properties in neighboring towns which are exhibiting healthy growth (i.e.
Darren Landerway
VA rehab loan - any information needed!
18 December 2019 | 6 replies
Here is some information I received from a lender in NJ let me know if anyone has any other information:VA Renovation Talking PointsPrimary Residence Only – Purchase & Cash-Out RefinanceProperty Type Loan Amount Min Credit Score1 Max LTV/CLTVStandard1‐4 Units ≤ $453,100 Minimum credit score 600 Max LTV/CLTV 100%High Balance1 Unit $453,101 ‐ $1,000,000 Min credit score 620 Max LTV/CLTV 100%Super Max1 Unit $1,000,001 – 1,500,000 Min credit score 660 Max LTV/CLTV 100%Eligible Property Types 1‐unit attached and detached SFR, PUD 1‐unit VA‐approved condominiums¹ 2‐4 units 1‐unit (double‐wide) manufactured home –eligible forlimited renovation product only Modular homes¹ Site condominiums in MI are treated as SFR.VA Limited RenovationNo minimum repair amount and maximum repair amount $35,000.00 including all costs Repairs must start within 30 days and be completed within six (6) months Maximum of 2 draws (Initial and Final) with written approval from the borrower at each disbursement Initial disbursement to cover the lesser of material cost or 50% of bid Final inspection and title search required for final disbursement 10‐15% contingency required (15% required when any utility is non‐functioning) Properties that require the following work items are not eligible for financing under the Limited VA Renovation Program:o Major rehabilitation/remodeling, such as the relocation of a load‐bearing wall; o New construction (including room additions); o Repair of structural damage; o Repairs requiring detailed drawings or architectural exhibits; o Landscaping or similar site amenity improvements; o House is uninhabitable at close of escrow o Any repair or improvement requiring a work schedule longer than six (6) months CONTRACTORS MUST HAVE A VALID VA BUILDER ID VA Standard Renovation Minimum repair amount is $5,000; no maximum.
Stephen Morgan
Real Estate investing with new 2020 VA Mortgage guidance
13 December 2019 | 2 replies
Links below are the circular, exhibit A, and exhibit B.