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16 January 2024 | 12 replies
Apply for construction to permanent owner occupied loan you can borrow 80% of completed value.
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8 December 2017 | 1 reply
One of those baseline requirements is as follows (I feel like this has come up a lot in the last week, both here and in my IRL practice):So it's unlikely going to be one of those A+ paper jumbo lenders that compete on rate, until/unless you get that property fully rezoned/permitted/etc as a triplex OR remove that third unit (eg, turn it into a work shop, rumpus room, garage, shed, etc... things that you can't bake a cake in or permanently live in).
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22 April 2020 | 9 replies
The only option if it needs renovations would be to fix up the half you are living in and then have them move permanently over to that unit while you do the renos to the second unit.
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16 January 2024 | 18 replies
Your higher credit utilization will crash you credit score and increase your permanent mortgage interest rate.
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2 November 2014 | 14 replies
Just an aside - keep in mind that Fannie/Freddie will not loan to entities, so if you are buying rentals where you intend to get permanent Fannie/Freddie type financing, you will need to own those either in your own name or in a trust.
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26 June 2015 | 3 replies
Hello I have a goal of becoming financially free with real estate as the first stepping stone, but I also have non financial goals as well the biggest being my want to live in japan and gain permanent residency.
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22 August 2018 | 1 reply
These assets will be used to purchase a permanent home abroad.
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18 December 2019 | 7 replies
With only 2,200 residing on campus, this creates a large, permanent class of renters in the area.4.
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29 March 2020 | 13 replies
Indicate to them that this is not a permanent solution and will be evaluated monthly.
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23 March 2020 | 11 replies
Remember my he price you pay is permanent the financing is temporary.