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29 January 2025 | 27 replies
A couple questions:1) Has anyone worked with local lenders like a local bank or credit union?
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21 January 2025 | 4 replies
Lau, generally if you are financing with a commercial lender- we lend for business purpose only and a rental property would fall under that category.
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23 January 2025 | 3 replies
@Annie DriscollSubsequent borrowing by the AITD holder seems to be dependent on the lender.
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10 February 2025 | 8 replies
(VA lender) Total collected rent would be at about $67200.
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28 January 2025 | 2 replies
Always get multiple lenders working for you in the due diligence process!
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6 February 2025 | 4 replies
Financing your second property can be tricky since lenders may only count 75% of rental income toward your debt-to-income ratio, so get pre-approved early.
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10 January 2025 | 23 replies
Find a couple of lenders who lend in the area you are looking at.
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28 January 2025 | 10 replies
Begin by targeting distressed properties in gentrifying neighborhoods, securing financing through hard money lenders or private investors, and focusing on cost-effective renovations.
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9 February 2025 | 10 replies
The first step is talking to a lender and getting pre-qualified.
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19 January 2025 | 27 replies
The lawyer says he is pretty confident but since he has not read the entire lease, he says he can review it at additional cost if needed.