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28 September 2020 | 2 replies
Based off the very little information here, here is a general step by step to obtaining financing.#1 - see if the seller is okay with conventional financing, contingencies, 45 day close time#2 - talk to 10 different local banks and credit unions to get pre qualified for the property#2.5 if you don't qualify for conventional financing ask about HML#3 - write an offer and get the deal into contract
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9 October 2020 | 19 replies
As far as obtaining loans without a 'job', it is difficult.
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6 October 2020 | 12 replies
While the tax office tries to find ways to obtain the MLS information through third parties, they aren't supposed to have access.Most commonly the way they get the sales price is by sending an official letter to the property saying for you to disclose the amount.
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29 September 2020 | 8 replies
An angry homeowner can pursue the tenant legally and might even win his case and obtain a judgment.
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14 October 2020 | 15 replies
@Layne T.
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29 September 2020 | 5 replies
The language I have in my listings - which I obtained directly from AirBNB - is that I do not allow animals of any sort due to family members with severe allergies.
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30 September 2020 | 2 replies
In addition I recommend reading Secrets of the Millionaire Mind by T.
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29 September 2020 | 1 reply
The plan was to live here for the required two years, then obtain another FHA loan and move into my next duplex.
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5 October 2020 | 3 replies
I do rental rehabs, keep cabinets so it won;t appraise for ARV (granit / new cabs and baths) but I want equity.
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29 September 2020 | 2 replies
@Bob CarrollYes, leveraged income to an IRA generates UDFI (Unrelated Debt-Financed Income) that will produce a need to file form 990-T and pay UBIT (Unrelated Business Income Tax).Look for a CPA who specializes in tax-exempt and non-profit entities.