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7 January 2025 | 11 replies
Will you be funding your own rehab or would you need to roll those funds into your initial loan?
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26 January 2025 | 3 replies
Most agency loans will expressly forbid such an arrangement, so if they found out, the odds of having the loan called would be very high.
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29 January 2025 | 6 replies
If you are willing to live in urban areas you may want to talk to a local bank in your market and see if they have any incentives or grant loans for certain areas.
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4 February 2025 | 8 replies
It's possible but going to be expensive and I would think they would want some collateral on the loan as well.
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15 January 2025 | 39 replies
I would say maybe look into a 203k HOA loan great loans for people our age. you would be able to do a value add and not pay your mortgage until the updates are done up to 1 year.
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22 January 2025 | 0 replies
Unlike refinancing, which involves taking out a new loan, recasting keeps your existing loan terms—including your interest rate and loan duration—intact.
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7 January 2025 | 24 replies
@Bob Asad at our bank, we have an escrow account for security deposits, it is set up with sub-accounts for each tenant with their security deposit amount and their SSN.
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3 February 2025 | 2 replies
I am currently helping a VA buyer purchase a home with an assumable VA loan in Skye Canyon.
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20 January 2025 | 14 replies
In mid February, many tenants get caught up when they start getting their income tax refunds (depending how fast they file).Income tax refunds also give tenants the needed funds for first month of rent + security deposit, so they can move.Check out this graph, which was created from tens of thousands of data points:Regarding your property, suggest the following:1) Where specifically is it being advertised?
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29 January 2025 | 22 replies
Focus on understanding the rental market, conducting thorough property inspections, and leveraging owner-occupied financing options like FHA loans.