11 June 2024 | 2 replies
You'll like also need reserves of at least 6-12 months worth of PITI (principal, interest, taxes and insurance.) 5+ units can require more down, but 25%-35% is common.
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11 June 2024 | 4 replies
Or if it is better to have / had 40% (either higher down or big lump sum to principal)?
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10 June 2024 | 8 replies
VA I think most want the benefit of zero cash down so thats a bit of a draw back and the inspection is rare so approved for VA wont go through with funding due to lack of inspection.Again I have never bought a house at auction nor am I in the Military so this is just from my research but not tested.
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12 June 2024 | 24 replies
I continued my program of over paying the principal amount of my monthly PITI to bring the loan principal amount down quicker as well.
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11 June 2024 | 0 replies
Typically, the NDA will be integrated into other principal agreements relating to the subject matter of the NDA such as proposals, contracts, representations and agreements.It is always a good idea to separate trade secrets from confidential information in the NDA, this is because trade secrets usually have a longer protection period by law.
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11 June 2024 | 6 replies
Probably short term rentals have a separate form because of the lodging taxes.Your attorney or anyone else can sign if they have a power of attorney, but the instrument has to recite WHO the principal is.
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10 June 2024 | 8 replies
@Leslie McIntoshYou're a principal in the transaction so you can absolutely hold an open house.
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10 June 2024 | 9 replies
It was accompanied by a 35 page business plan that had been put together by a consultant that charged the entrepreneur $7,500, a glossy brochure generically talking about commercial real estate, and a resume of the principal.
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10 June 2024 | 4 replies
Many lenders also offer an Interest-Only HELOC, with which you pay interest only — no principal — during the draw period (Usually 10 years).
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10 June 2024 | 4 replies
My client intends to pay off the principal, interest, fees... all at the close of escrow.