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10 July 2019 | 18 replies
Like others said, Zestimate can be wildly inaccurate, especially on a unique property or one that is especially dilapidated or upgraded.Instead of asking agents to comp it, pay a broker for a Broker Price Opinion (BPO).
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2 July 2019 | 1 reply
You won't keep your network of realtors if you aren't using them to close the deals they find for you.I have a unique realtor and I use her for every single purchase I make.
3 July 2019 | 4 replies
The lender is going to evaluate your ability to repay the loan.
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2 July 2019 | 1 reply
Off-Market Opportunity of an extremely unique property located in storied Mount Washington across the street from the A rated school.
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10 July 2019 | 2 replies
Apparently, though my student loans ($382K) are current and on income based repayment; the lender has to use 1% of the fully amortized amount to calculate DTI.So much for ever buying another house again in this lifetime.After having a lot of doors slammed in my face, a local lender proposed the following scenario:Use $125K from the sale as a DP on a $175K house and finance $50K.Is this possible?
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23 November 2021 | 25 replies
We secured grants for many of these developments and the loans we secured were cash flow loans, meaning that we would repay a certain portion of year end cash flow.
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3 July 2019 | 1 reply
Interest income for the lender is taxed at the personal income tax rate (ordinary income) while principal repayment is not.Therefore, you can make the deal more attractive to the seller by offering a higher price for the property at a lower interest rate.
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23 July 2019 | 10 replies
We've seen some unique ones at Home Depot closer to Angels Vista.
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3 July 2019 | 2 replies
Call a local lender to ask for advice, or to see what their policies are.Regarding the repayment: a HELOC is a line of credit, like a big credit card that's secured by your house.
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8 July 2019 | 10 replies
If you mess up along the way, you need to start over and repay for court/service costs.