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29 January 2025 | 107 replies
Majority of the houses are old and require frequent repairs in addition to a poor tenant base that can't pay on time and don't care about their credit.
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6 January 2025 | 11 replies
Don’t forget heloc, DSCR, 2nd on primary, borrow from retirement accounts, credit card cash advance, property reserves, home improvement store credit, etc etc.
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9 February 2025 | 173 replies
Well, as it turned out, the reason the buyer didn't respond was because they never sent my offer of 100% credit back to the buyer!
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13 February 2025 | 25 replies
Often you can find these lenders with a mortgage broker or by reaching out to a local bank or credit union in the market you wish to buy.Cheers!
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11 February 2025 | 29 replies
As a new realtor (and student) you probably make below 80% median income which might help you qualify.I work with Finger Lakes Federal Credit Union (for my primary) and Lyons National Bank (for my investments), both will probably be able to help you navigating downpayment assistance and your situation.
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21 January 2025 | 35 replies
Charges them all for parking passes (on the lots I own), charges for pets, charges to empty the coin op laundry, charges for credit checks etc.
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18 January 2025 | 3 replies
I would say credit monitoring
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24 January 2025 | 36 replies
Do you have a good credit score?
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24 January 2025 | 3 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?
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29 January 2025 | 12 replies
If comps for a 3 unit property are in the 950k range, then that is what it will come in at.The revenue from the STR will have no bearing on the value of the property itself.People argue about it from time to time, but I spoke with 10 different lenders, banks, credit unions, private lenders, etc etc and they all said the same thing.