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12 January 2025 | 7 replies
You can use your own funds, use a HELOC or do a cash out refinance to cover the costs.
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16 January 2025 | 17 replies
It’s a great way to grow faster.HELOC or Equity Tapping: If you have equity in another property, using a HELOC or cash-out refinance could help cover the down payment without affecting your DTI as much.Seller Financing or Creative Deals: Look for sellers willing to finance directly, which bypasses traditional mortgage qualification hurdles.Scaling quickly often involves combining strategies—play around with what works best for your goals.
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9 January 2025 | 0 replies
They can also give you a better idea of how much you should be prepared to pay so you can cruise through your closing with confidence.And as you plan ahead for closing day, be sure to budget for your real estate agent’s professional service fee too, in case the seller doesn’t cover it.
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13 January 2025 | 11 replies
How will the partnership cash flow cover the HELOC payments if interest rates increase?
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13 January 2025 | 8 replies
Thanks they didnt say anything about STR it would be awfulI was wondering how they make money now i knowI dont think the $10K would even cover damage!
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8 January 2025 | 5 replies
I only have enough funds for a 20-25% downpayment and was looking to do a DSCR loan to cover the rest.
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8 January 2025 | 6 replies
For now, it Looks like your roommate/tenant can cover half of your mortgage (plus hoa fees).
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7 January 2025 | 7 replies
For me as well as the seller.First, you have to define Sub to financing.Do you mean the reckless kind where you overpay for a property, take over the financing and borrow from others to cover closing costs and holding costs when you have no money, no credit, no income, no reserves and can't tell a warranty deed from a deed of trust and you close on the kitchen counteror do you meanbuying below market value, already having a nice income, having reserves, using escrow and title, already understanding the due on sale clause, have done a lot of creative purchases and know when to use and when not to use creative finance and how to recover if something goes amiss?
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12 January 2025 | 7 replies
Before buying or renting in an unfamiliar neighborhood, you should check the following two sites: SpotCrime, AreaVibes,These sites provide valuable information, including Livability Scores, which cover aspects such as crime rates, employment, health, housing, schools, shopping, and more.well, anything can happen anywhere.
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12 January 2025 | 23 replies
I've not covered everything but just given you a start.