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3 July 2016 | 11 replies
If they're conventional mortgages they will base qualification on your income and whether you can handle the extra payments.
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21 September 2018 | 4 replies
They should also be able to use 75% of the rental income from the other 3 units towards your income qualification.
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17 July 2019 | 6 replies
Best thing you can do is thoroughly vet the buyer, get proof of funds or pre-qualification from a lender and a big non-refundable deposit.If it's a seller issue could be title or things like that.
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12 February 2020 | 8 replies
Give you an estimate for closing costs AND monthly mortgage payments based on your qualifications - 3.
4 March 2011 | 10 replies
There are some other qualifications, and if you just buy your first investment property, they may not be willing to count it when you go for your second.
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24 April 2018 | 3 replies
If it's a larger organization, feel free to inquire about their different staff qualifications.2.
27 April 2021 | 2 replies
I’m looking to invest in a multi family home and it looks like I can get a better down payment and easier qualification by getting an FHA loan considering the duplex is owner occupied.
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8 August 2013 | 2 replies
Once you have been a landlord for two years, then you will be able to include rental income when qualifing for a new mortgage.
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13 November 2013 | 2 replies
Michael remind your lenders, as to govt and secondary conventional loans, a job in you major area of study after college is an exemption to the time on the job qualifications, that and military service.
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11 March 2014 | 17 replies
I'm a private funds manager and my objective is simply to maximize my investors return My first thought is wouldn't you need some license, qualification or something to call yourself a private funds manager?