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24 May 2024 | 0 replies
Since the likelihood of default is lowered with a condensed timeline (and most borrowers will refinance before the adjustment period) the interest rates on ARM's can be .5-1.5% lower than typical 30 year fixed mortgage options. - Interest only.
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23 May 2024 | 7 replies
Accelerated Wealth Building: Room by RoomHouse hacking allows you to tap into a unique source of income by renting out portions of your home.
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22 May 2024 | 6 replies
I accept Direct Bookings by the way, and some are sourced from sites like Furnished Finder.
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24 May 2024 | 7 replies
My options are to do an owner move in for the non protected tenants and then try to do a ellis act eviction for the protected tenants.
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24 May 2024 | 8 replies
I have attempted to go the seller financing route, but every seller has declined that option.
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24 May 2024 | 2 replies
I am exploring options for purchasing a multi-unit property with a SFH (2b, 1ba, with a detached garage) and 2 ADU units (1- 2b/1ba and 1- 1b/1ba) in Los Angeles.
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22 May 2024 | 27 replies
I lived in Orlando I liked it, but based on how things been going, Tampa seems like the better option.
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24 May 2024 | 19 replies
I am getting ready to purchase my first rental property in Oklahoma City, OK and I’m looking at an home that is priced under $80,000.I plan to put 25% down to get the best rate.I’m from California and haven’t run into this before... but it seems like there are lending minimums and a conventional loan of $60,000 isn’t something I’m finding easily.I could likely get a hard money loan or get a HELOC on my primary residence and purchase the home with cash... but I don’t like these options because the interest rates are higher than a Conventional loan.Besides hard money or a HELOC, are there any suggestions on how to get this smaller loan at a reasonable rate?
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25 May 2024 | 26 replies
There are larger options but these tend to need some TLC.For your initial search, Zillow can give you an idea of home prices and amenities in your price range.
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24 May 2024 | 3 replies
For most lenders it typically requires having at least 1-2 builds previously completed, but I'm sure there are other options if it happens to be your first.