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31 May 2021 | 0 replies
Then use my VA loan to go get a nicer 4 bed for my family to live in.Pros option 1: Only 3.5% down, doesn't tie up another VA loan, if flip is done right I could refinance into a conventional loan.Cons option 1: Could be tougher to cash flow with only 3.5% down plus the PMI associated, forces family to live through a flip.Option 2: Buy home with VA loan, live in for 4 years, move out and hold as a rental.Pros option 2: Easiest solution, least amount of headaches, family doesn't have to live through a flipCons option 2: Doesn't provide the most amount of potential growth, ties up another VA loan.Option 3: Buy rental with conventional loan, buy personal home with VA loan.Pros option 3: Easier solution, doesn't force family to live through a flip, gets rental and nice family home at same time.Cons option 3: Won't have the money to do major renovation on rental could cost more in long run, ties up a lot of money in rental, slow growth without doing renovations.
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31 May 2021 | 3 replies
I was hoping to pay about half that monthly with a longer term.
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6 June 2021 | 36 replies
I have been in real estate for about a year and a half now and I love this industry for so many reasons!
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1 June 2021 | 6 replies
I don't know how they hold the deed.The questions: What would be the easiest way to transfer to the next generation?
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3 June 2021 | 12 replies
Outline the consequences of an eviction on one half and the solution of leaving for free cash on the other half.
31 May 2021 | 2 replies
Seller is requesting half of their earnest Are they entitled.
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31 May 2021 | 1 reply
I know you have to buy equipment, pay employees, pay utilities etc, but a half a million dollars a year to pocket $75K?
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2 June 2021 | 2 replies
We purchased a property with a basement, a family member stayed there with us paying half the mortgage.
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8 June 2021 | 7 replies
I wont lie....half of it is a dump outside full of cut lumber and shrubbery.
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16 June 2021 | 17 replies
We could scrap half of the laws in place and utilize technology so much better to help customers as an industry (speaking as a direct lender).I’m doing almost all of my company’s closings without external appraisals because it’s taking months to get them back.