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3 February 2014 | 5 replies
Points can go both ways traditionally points are paid by the borrower to the lender for a rate chosen however there is rebate points which the lender pays the borrower for chosen rate for example4.000% borrower pays 1 point to the lender for this rate4.500% is a -0- point rate5.000$ the lender pays the borrower a point for this rateNotice in this example the lower rate at 4% the lender gets paid a point then at 4.5% neither the borrower or the lender pays a point to one another then at 5% because the borrower is taking a higher rate the lender is willing to pay the borrower 1 point.
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6 January 2023 | 6 replies
Hello, my girlfriend is a travel nurse and is looking to buy her first home but cannot seem to find any traditional financing since she is technically a "contractor" and has only been travel nursing for 1 year.
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6 January 2023 | 10 replies
If it isn't a seller-financed deal, real estate investor and Realtor Don Tepper points out that "there are actually dozens of other ways to buy" other than a traditional mortgage arrangement.
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5 January 2023 | 7 replies
Total cost to sell all 5 lots could be as low as $2,750 instead of paying $57,000 using a traditional agent.Feel free to reach out if you have questions.
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4 January 2023 | 7 replies
I'm looking for someone to help with financial/retirement planning who is experienced with retirement portfolios that consist of real estate along with traditional vehicles such as 401Ks/IRAs.
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6 January 2023 | 2 replies
SBA loans are designed to help small businesses obtain financing that may not be available through traditional lenders, such as banks.
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4 January 2023 | 6 replies
Pros:Faster process: Private money lenders may be able to move more quickly than traditional lenders, as they are often more flexible and may have fewer regulatory requirements.
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27 December 2022 | 7 replies
Even if you just went the traditional LTR route though, you should be able to break even at a minimum in most medium-sized markets and larger.
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8 January 2023 | 0 replies
Granted I can come up with 25% and get financing for the construction and convert to a traditional loan after, I think its feasible.
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5 January 2022 | 227 replies
Also - research cash out refinancing - you can use HELOC for down payment, get a traditional mortgage - then 6 months later you can refinance and get your cash out at 75% LTV.