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28 October 2024 | 8 replies
The rates and terms are usually more favorable than DSCR loans, so I’d lean toward conventional financing while you can still qualify.BRRRR Method: The BRRRR strategy can be powerful, but it might slow you down a bit due to the current cash-out refinance seasoning periods, which can be as long as 12 months.
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20 October 2024 | 14 replies
Is there any recommendations for lenders that would do a 90% LTV with favorable terms?
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25 October 2024 | 5 replies
Ensure that the new loan terms are favorable and that the equity extracted will significantly contribute to your next investment.
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25 October 2024 | 3 replies
But, a non-favorable catch is the requirement that Hometap becomes your financial power of attorney over the asset, in the event of default or a breach of contract where they can transfer the deed of your home, and or sell your property without your approval(cost, fees, time)Below is a situation I'm trying to evaluate.
22 October 2024 | 9 replies
She claimed that when people pulled up to the home it set off her motion activated door bell as well causing her undue stresswe have always been civil towards her and after these past two incidents this month alone is what I was seeking guidance here.
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25 October 2024 | 0 replies
Driven by favorable interest rates and stock market performance, debt issuance has been the main capital driver.
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24 October 2024 | 1 reply
Piggybacking off of #3, you will receive favorable scheduling and complete your projects quicker.If you are wondering if you have adequate site cleaning built into your construction budgets ask yourself these questions: 1.
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25 October 2024 | 14 replies
Hindsight is 20/20 as the saying goes, but this another example of a hard money lender doing the borrower a "favor" my not requiring title insurance.
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24 October 2024 | 3 replies
Given that the house is paid off but has $27K in back taxes, you could offer to cover those taxes upfront in exchange for favorable terms on the remaining balance—like low (or no) down payment, and small monthly payments.You could also negotiate for a subject-to deal where you take over the property subject to the taxes, while still securing control of the property for your BRRRR strategy.
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30 October 2024 | 236 replies
I am not saying that I am in favor of this notion, but that's where the rub is I get it.