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12 March 2020 | 5 replies
Then once complete, transfer title to the LLC that the borrowers are the majority members of.
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9 March 2020 | 5 replies
VA mortgages are available for no money down for qualified borrowers, and never have any private mortgage insurance (PMI).
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9 March 2020 | 3 replies
However, I've seen loans pulled at the last minute when the bank found out one of the borrowers had lost their job, or the couple went out and bought a household of furniture on credit before closing, things like that.
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10 March 2020 | 11 replies
It depends on how much time you have, your strength as a borrower, what your goals are etc.
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9 March 2020 | 0 replies
Our meetings are fun, engaging, and informative.About the meeting:Whether you have a little or a lot of money to lend, or you borrow money, you don't want to make costly mistakes!
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9 March 2020 | 1 reply
They won't (or shouldn't) give you specific information about their borrower, but should be able to answer any concerns you have regarding their product and your property.
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15 March 2020 | 6 replies
You don’t borrow money like this anonymously.
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10 March 2020 | 3 replies
I borrowed just what I needed . 175k on a HELOC for154k triplex last summer.
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10 March 2020 | 2 replies
You would need to have the property in your personal name to refinance, however Fannie Mae allows you to transfer title to an LLC that is majority owned by the borrowers.
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10 March 2020 | 3 replies
For example, the presenters who know their numbers and terminology come across better and it changes the power dynamic so that the investors start getting interested, asking questions, and ultimately come around to wanting to put money into the deal.It also helps a lot if you have some money to put into the deal as nothing eases a potential lender's fears like the borrower putting some of their own money into the deal and also being at risk.