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1 October 2024 | 4 replies
Also, when using a wholesaler, I put a deposit in escrow so they knew I was serious and could pull the trigger quickly.
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5 October 2024 | 16 replies
You can only borrower 75% of the value of the home as an investment 80% is possible but the rates are not worth the increase.Home #2 depending on how high you can raise the rents $100K in equity is a good chunk but again are you using a 75% Max LTV and saying there is $100K to pull out.
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3 October 2024 | 11 replies
@Jimmy Leaton depending on your situation you might want to leave the equity in the first house for now and just go buy another primary residence using a 5% down payment conventional loan.
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2 October 2024 | 11 replies
Hello all, I am in the process of purchasing a 2 family home using a DSCR loan.
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2 October 2024 | 9 replies
I recently worked with 2 different investors who each bought an investment property using a hard money lender.
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1 October 2024 | 6 replies
Using a Loan ServicerLoan Servicer Benefits: Using a loan servicing company is a smart move, especially for first-time seller financing.
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4 October 2024 | 13 replies
I also stated that if they harmed the home in the process of these repairs, by not using a licensed and trained professional, it would cost me extra.They responded saying they don't feel I can unilaterally request that a tenant not make these repairs, and they would not notify the tenant to cease work.As it stands, I am allowed to have a contractor who is competent look at the job, quote it, but I am not allowed to do the work with that person, until the tenant has had a shot at it.I cannot believe how basically unprofessional, and dangerous this situation is for all parties involved and want confirmation as the woman who works at this management company has no legal degree, and is constantly attempting to wave the legal flag like an expert.
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3 October 2024 | 15 replies
A first-time flip using a rehab loan will require a minimum of 15-20 percent down from a lending company.
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2 October 2024 | 5 replies
It is typical though because when you use a "loan officer" you are using a "lender" who essentially is the middleman.
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30 September 2024 | 4 replies
If you're still worried about being traced, consult with an attorney about structuring your LLC or using a registered agent for added privacy.Let me know if you need help with financing or have more questions!