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16 May 2024 | 4 replies
This is often viewed as a "gift" so lenders place limits on the amount that can be "gifted" as well as the manner that these funds can be transferred to you.
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16 May 2024 | 6 replies
I was told my by loan offer over a year ago that the rates in spring of 2024 would be back in the low 6's high 5's... look where we are.
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15 May 2024 | 7 replies
There are "interest tracing rules", that can roughly be summarized as the interest on a loan is deductible as a business expense only if you use the funds for that business.
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15 May 2024 | 9 replies
If the PCR (Property Condition Report) identifies the property as IE (Insurable with Escrow) the, yes, a lender may allow you to fund an escrow account at closing.
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15 May 2024 | 35 replies
Those funds won't be taxed and you can use them to buy your food, convert back to an Airbnb for income, and use some of it for a down payment on your dream home.
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16 May 2024 | 14 replies
They may be able to finance you at a low down payment if you have experience, reserves, and FICO as long as the 65% of the value can support the entire purchase price
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15 May 2024 | 9 replies
In general you can use funds from a HELOC to purchase and renovate rental properties.
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14 May 2024 | 13 replies
Has anyone successfully purchased self-storage units using their Solo 401K? I am looking for more information. Any help would be greatly appreciated.Thank you
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15 May 2024 | 4 replies
Does anyone have any experience with EJ at Eagle Commercial Funding (http://www.eaglecfs.com/)?
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16 May 2024 | 5 replies
These cost can go as high as $40k if you end up in an area that requires ATU septic system, or as low as almost nothing, if you purchased a property with existing water/sewer taps paid for by the previous owner.