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26 February 2025 | 11 replies
Some times you an go 5% borrower contribution, but 10% will open up more avenues for you.
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24 February 2025 | 8 replies
Even on conventional renovation loans, most lenders and borrowers still use Certified 203k Contractors b/c the guidelines/timelines/rules/processes are almost identical.
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18 February 2025 | 17 replies
Unless you have a massive deposit relationship with them like 1m++++ then they may do 20%That said they will finance the rehab if you’re a strong borrower and it pencils.
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26 February 2025 | 15 replies
For most single-state investors, a local LLC is the practical choice.
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26 February 2025 | 22 replies
And the Solo-K would enable you to borrow $50K from the retirement balance to use as you please.
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24 February 2025 | 2 replies
Ultimately its a personal choice dependent on how you want to utilize your time and what investment opportunities are at your disposal?
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11 February 2025 | 20 replies
Specifics can vary depending on the GSE:» For a Freddie Mac loan file: A copy of the borrower’s most recent, signed US individual federal income tax return is required.»
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17 February 2025 | 17 replies
Points and the Delta on the spread.. in those days I was borrowing on my LOC's for about 7 to 8% apr.. and lending at 20% apr..
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26 February 2025 | 12 replies
Worry more about your choice for a life partner and less about community property.
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26 February 2025 | 1 reply
Before 2008, lenders often approved ARMs based on borrowers ability to pay the initial lower interest rates.