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11 October 2021 | 3 replies
An appraiser will need to do the same thing because a 1200 sq ft house price may not scale up to a 3000 sq ft house price accurately even if they try to adjust for it.
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26 December 2021 | 3 replies
My plan would be to use my VA home loan for either a duplex or triplex so I can take advantage of paying 0% down and so that I can scale up a lot quicker by having more units.
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26 December 2021 | 2 replies
My plan would be to use my VA home loan for either a duplex or triplex so I can take advantage of paying 0% down and so that I can scale up a lot quicker by having more units.
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13 October 2010 | 18 replies
I consider this sort of real estate business as being like manufacturing.
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21 June 2012 | 12 replies
I'll have to wait it out a little.I don't like the idea of owning manufactured housing but maybe that's a little snobby of me and not thinking financially.
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31 May 2017 | 13 replies
Please see guidelines from FNMA website:-The financed property limit applies to the number of one- to four-unit residential properties where the borrower is personally obligated on the mortgage(s);applies to the total number of properties financed, not to the number of mortgages on the property or the number of mortgages sold to Fannie Mae;includes the borrower’s principal residence if it is financed; andis cumulative for all borrowers (though jointly financed properties are only counted once).The following property types are not subject to these limitations, even if the borrower is personally obligated on a mortgage on the property: commercial real estate,multifamily property consisting of more than four units,ownership in a timeshare,ownership of a vacant lot (residential or commercial), orownership of a manufactured home on a leasehold estate not titled as real property (chattel lien on the home).I would say from my experience if your property is zoned residential, whether its in llc or corp, you have always opportunity to refinance as conventional loan so that will be count in your 10 finance property.
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10 March 2014 | 24 replies
Crowdfunding requires a disclosure document to be filed with the SEC at least 21 days prior to first sale, and requires scaled financial disclosure, including audited financial statements for raises of over $500,000.OK, so their's paperwork.
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5 September 2013 | 6 replies
I worked for a little while with large scale flippers in Portland pre-bubble in 2002 where they used to write 20offers at a time based off a spreadsheet of homes and I had to call everybank out there looking for portfolio lenders that would allow more than 10properties per owner.
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21 August 2013 | 23 replies
I've been a full-time investor for three years now, working with everything from single family fix-and-flips to large scale buy and holds.
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31 March 2017 | 129 replies
@Deryk Harper who is the flooring manufacturer that you mentioned above ?