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5 September 2016 | 0 replies
and2) rent credits towards your down payment because they want to make sure you’re not engaging too much with the seller in a seller financed agreement as part of the SAFE act?
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6 September 2016 | 4 replies
I set it up to collect rent payments online (via cozy.co) and do regular yardwork, where I occasionally see them.
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11 September 2016 | 21 replies
Cash offers are at the top of the pile, then large down payment conventional, then low down payment conventional, then fha/va, then fha 203k/rehab loans are at the bottom.
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5 September 2016 | 2 replies
The property is worth 210k and I owe about 140k on it.I have another 80k saved up and would like to put about 60k towards my next property (leaving 20k for emergency funds, rehabs, personal fund etc.)I have zero debt (no student loans, no car payment) outside of the HELOC I had to purchase the first property I stated above and most of my living expenses are paid by my employer (car, gas, cell phone).I am based out of Central Pennsylvania and am looking to stay somewhat locally for my first few properties (Harrisburg, Camp Hill, Lancaster, Hershey etc.) and am not really interested in out of state investing.Just looking for some advice or input on what you would do next if you were in my situation,Any input and info would be greatly appreciated, Thanks!
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12 April 2017 | 16 replies
I have two units left And my rehab will be complete however I am left with very little capital to continue investments with (down payment + rehab costs for 5 units).
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11 September 2016 | 13 replies
We have used various methods to save up for down-payment funds: we set aside pay raises instead of consuming them, re-enlistment bonus sums, tax-free income from deployments, an inheritance check, the tax-free savings account while deployed...And so forth.
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7 September 2016 | 3 replies
Ask them to give you your main constraints... 1) minimum down payment % by property type (will vary for condo, SF, 2F, etc) and 2) the max loan amount you can carry.
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7 September 2016 | 1 reply
The property was seller financed and the last payment was paid for over a decade ago and we've been using the property for business since.
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7 September 2016 | 2 replies
I want to do flips but I'm hearing wholesaling is good start for quick cash but I planned on using dad for down payment being I don't have cash for it?