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7 November 2024 | 6 replies
Torn between using my VA loan or use my investment property below to help fund my deal.Been losing deals left and right due to the owner occupied rule with VA.I have about 30k in savings, 30k retirement fund, no debt, low expenses (living with parents until find a place)I Own (under my name) a 5 unit mixed use building (4 residential, 1 commercial) fully occupied.
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4 November 2024 | 2 replies
CRE is a way different beast than residential where you can prospect for listings and buyers more easily.
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7 November 2024 | 14 replies
Residential mortgage rates have already dropped, but the general public has not paid attention.
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4 November 2024 | 8 replies
Some lenders will base off the "mix" of commercial vs residential by sqft and some will base off of rent, and some will base off of the unit counts, so you'd want to take advantage of the lender/broker that can fit your scenario in the most favorable way possible.Is the property fully occupied?
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6 November 2024 | 8 replies
In this case you can do up to (6) residential units and (1) office space...but that is the cap. otherwise 4 units is the most you'll be able to build.
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4 November 2024 | 1 reply
It's important to note that interest rates for land loans may be higher than those for residential homes.Utilities and Access: Many rural lots in Fairbanks are off-grid, so buyers should consider whether they need to drill a well, install a septic system, or bring in electricity.
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31 October 2024 | 2 replies
Can't speak to the organization in Michigan but generally the benefits of a well run STRA far outweigh the costs.I am a property manager in Hawaii so we are constantly being hit with new anti-STR legislation and have a large, well-funded hotel lobby to deal with constantly.
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7 November 2024 | 6 replies
Moving open it up to make it a full tenant occupancy residential rental.
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4 November 2024 | 1 reply
This growth is expected to drive demand for both commercial real estate (particularly modern, flexible office spaces) and residential properties in tech-centric neighborhoods.Infrastructure EnhancementsLooking ahead to 2025, San Antonio has plans for significant infrastructure improvements.
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6 November 2024 | 5 replies
In my case, I have residential rentals in one LLC, commercial properties in another, self storage in a third, and my real estate company operates in a fourth.