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29 February 2024 | 8 replies
On your current properties, though, this raises the danger and leverage.Partner with Additional Investors.Speak with a Mortgage Broker or Financial Advisor: A specialist can guide you through the mortgage application process and provide tailored advice.
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29 February 2024 | 10 replies
Market rents from the appraisal and/or the actual rents need to cover the mortgage payment, property insurance, taxes and HOA (if applicable).4.
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29 February 2024 | 11 replies
Just some advice, that you will be much more likely to find a quality CPA who is knowledge in REI by looking for one who offers remote services.
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29 February 2024 | 18 replies
', "Lifetime Wealth & Tax Advisory" aka if you decide to stay working with the CPA they paired you with, but you will still have to pay them yearly regardless for their services.
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29 February 2024 | 13 replies
Most zoning for single family homes is now allowing you to add a separate accessory unit from the home, whether it be in different space in the house, garage, small unit outside, or in the basement where applicable.
29 February 2024 | 2 replies
So, you offer to do that service for them.
29 February 2024 | 14 replies
You can also narrow the search field by the size of the deal, amount of money, type of home, and listing service.
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28 February 2024 | 24 replies
There's no way we are going to be able to inspect most of these cabins - we just need the application and the money."
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29 February 2024 | 6 replies
They set up the process as a preliminary ‘interview’ and then if you get the first screener’s ‘recommendation,’ you move on to a 2+-hour ‘interview’ with the ‘director’ to ‘dive deeper and see if you’re a good fit’ because ‘Phil is very selective’—so selective, in fact, that ‘less than 1% of applicants are accepted to join.’
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29 February 2024 | 0 replies
I was also happy with that as conventional loans at the time were at about 6%.Lowest rates possible will be in relationships with private money lenders.Lowest rates in the public market will be in the form of a conventional loan.Next up you have commercial mortgages that are usually slightly higher than conventional loans but don't have as strict of loan requirements as conventional loans do.Usually a bit higher in rates are DSCR (debt service credit ratio) lenders.