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12 April 2024 | 6 replies
This would be zero issue in Indianapolis and tons of normal conservative old school banks or credit unions would lend on this 75% of as is value and 75% of additional construction cost as long as not more than 75% after repair ARV.
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11 April 2024 | 8 replies
I know they can be financed just like a stick built construction loan, however, my credit union is not doing construction loans right now and does not have a time frame for when they will (SECU).I want to use the land as down payment if possible and finance the modular and the site prep for it.Looking at getting a new modular duplex or a SFH.
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11 April 2024 | 10 replies
@Samuel Metcalf- Most HELOC lenders only lend on primary homes ...the few lenders that do HELOCS on rentals will likely have a low CLTV ( and a high margin over prime which will lead to a rate in double digits ) .. check with the banks / credit union located close to the property and also maybe there will be some feedback on this thread pointing towards lendign sources that might work
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10 April 2024 | 4 replies
Have you spoken with a local credit union?
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14 April 2024 | 885 replies
Cash apps, paypal, and even western union are all good options.
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9 April 2024 | 8 replies
You'll need to find a small local bank or credit union that might lend to you.2) Will your grandfather cosign for you to compensate for your lack of a job?
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9 April 2024 | 4 replies
Thanks We typically like to use credit unions.
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8 April 2024 | 5 replies
Look at credit unions if you really want to go that route and if it is local to Austin.
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7 April 2024 | 34 replies
I asked to speak to them and when I asked the guy who he was he said in an African accent that he was the landlord.