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7 January 2022 | 21 replies
Just like that millionaire can't take out a $2m mortgage on a $300k home, the person killing it with a STR can't finance more than the LTV restriction would allow for the loan program in question, and it's not 2007 any more so no one is doing 100% or 120% LTV cash out refis (yup, >100% LTV cash out refis was a thing towards the end of the 2004 to 2008 era, and we saw what that did to the global economy...).
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16 April 2022 | 1 reply
Is it possible to use the LIHTC Program with single family homes.
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7 January 2022 | 1 reply
There are many other options with flexible pricing options and affiliate programs (which end up paying for batch skip tracing).
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15 February 2022 | 7 replies
That size would limit the number of life companies that would lend but there would be interest from a handful if the property is stable and in good condition.Freddie Mac also has a small balance program $1-$7.5M that would also be a good resource.
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9 January 2022 | 3 replies
Many of them were fixed income and disabled and had the entire rental amount paid through the Section 8 program and all of them lived there for years.
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9 January 2022 | 9 replies
You might want to take a look at my WISH program for down payment assistance as well.
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18 January 2022 | 3 replies
We just track the P&Ls on the building separately through our property management program.
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28 January 2022 | 2 replies
Hi all, I've been in search of an online rent collection program that allows more than 20 units and also commercial tenants.
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18 January 2022 | 11 replies
It was a Freddie Mac loan the bank we used was Capital One but many banks can use the Freddie Mac program
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11 January 2022 | 13 replies
@Matthew Adams: Stephanie Riley has a mortgage program specifically designed for people like you.