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7 July 2024 | 3 replies
I was wondering if anyone knows of loan products out there that are beginning to look at or accept this income for DSCR?
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10 July 2024 | 5 replies
This deal was financed with a 10% down second home loan.
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10 July 2024 | 9 replies
@Eduard Gibert RenartBecause on a note you are getting principal and interest back and it’s hard to reinvest a very low payment.What you are also missing is the tax consequences in these situations which can have major impactsI did a post on this In tax liens advising where 8% is far better than 10% and illustrated this example.
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9 July 2024 | 2 replies
I would like to see others point of views on the situation.
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9 July 2024 | 0 replies
The Program utilizes forgivable loans called "Deferred Payment Loans," which require no monthly payments to subsidize the required costs of rehabilitation.
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9 July 2024 | 1 reply
they can usually give you a pretty good estimate.and depending on the situation there may be tax implications as well.
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10 July 2024 | 2 replies
Then after 1 year you can get another low down payment loan.
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10 July 2024 | 11 replies
Sounds like I should prioritize that given the current situation with IRS.