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3 February 2025 | 12 replies
If you are open to non-traditional methods of financing, you could use a debt service loan to bypass that requirement.
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3 February 2025 | 4 replies
Additional costs will creep in and costs seem to go up faster than rents, so I would sell and try to otherwise optimize the VA loan.
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19 January 2025 | 10 replies
Most lenders require proof of someone else paying the note for around 9-12 months so that the debt isn't counted in their DTI calculation.
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28 January 2025 | 14 replies
We buy at a discount and pledge our legal right to collect the debt (a collateral assignment agreement) as the collateral for the private capital loan we take out, which is backed by the value of the real estate securing the 1st loan.
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26 January 2025 | 6 replies
In addition to that, the septic tank is undersized for the size of the home.
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7 February 2025 | 9 replies
I currently have a homeowners plan with Allstate and plan on asking them if they have something like a short term rental rider plan that I can add in addition to my current plan.
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7 February 2025 | 0 replies
.- **Scaling Can Be Tricky:** FHA loans are typically for primary residences, meaning you’ll need to strategize if you plan to purchase additional properties.Thinking through financing options and backup plans before you buy is essential.### 5.
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6 February 2025 | 13 replies
These are professionals with additional training and a stricter code of ethics.
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6 February 2025 | 5 replies
Generally, a loss can only be claimed in the tax year when the investment becomes completely worthless or when there is a final determination that no further value will be recovered.If the REIT has officially liquidated, been declared insolvent, or issued a final report confirming that no additional distributions will be made, you may be able to claim the loss on your 2024 tax return.