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27 January 2025 | 3 replies
Build - rent - refinance -repeat. in columbus ohio you are buying old houses that are 1900 or 1920 or 1940 and you are in a sellers market. on the other hand you can source land which is a buyers market and build single family homes or duplex or triplexes that will return by renting and pulling cash out on a DSCR loan and doing it again. there aren't a lot of strategies that do this. flipping is different. so many risks. but when someone has a well oiled machine it's all good and less risk.
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4 February 2025 | 17 replies
My first loans were at 9% ..
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22 January 2025 | 1 reply
Good Morning - My realtor came to me with an offer for an FHA loan but they want to move in this weekend.
8 February 2025 | 89 replies
Well its just like in our business when we make a loan and the borrower stops paying we deal with it..
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24 January 2025 | 0 replies
Conventional loan, 20% down non-owner occupied.
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17 January 2025 | 4 replies
If I were to approach a seller of a $200k home, and they had a remaining mortgage of $100k, could I get a new bank financed loan for that $100k, and have the seller finance the remaining $100k of equity to me?
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22 January 2025 | 7 replies
Hey @Jaycee Greene, we typically get loans from smaller local banks.
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20 January 2025 | 9 replies
I see why folks are asking this company says they do 100% loans for purchase and rehab with a whopping 620 fico..
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20 January 2025 | 5 replies
Instead, consider a HELOC or home equity loan to fund repairs, as the interest may be deductible if used for home improvements.This post does not create a CPA-Client relationship.
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21 January 2025 | 0 replies
Are there other options that could be better for a construction to perm loan (not through a traditional bank)???