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28 September 2020 | 1 reply
Last month it dropped another 10 points after a lender approved me for a conventional loan on an investment property.
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9 October 2020 | 19 replies
., Notes, land contracts and/or any other debt or obligation) more than 10 (ten) 1-4 unit financed properties, including the subject property and the Borrower's Primary Residence, provided that, when the number of 1-4 unit financed properties (including the subject property and the Borrower's Primary Residence) is greater than6 (six), the Mortgage must:o have a minimum Indicator Score of 720 ANDo 8 months of the monthly payment amount on each additional second home and/or 1-4 unitInvestment Property that is financed and on which the borrower is obligated.
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29 September 2020 | 4 replies
I would like to make an offer on a house but I am not pre-approved for a loan.
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28 September 2020 | 4 replies
Got our pre approval 240000 for the house36 down plus 11 for closing 47 total3.99 apr 1286 rentJust learned the areas max rent is 1500 for a 3/2I used the tool for rental property and it is showing 100 profitBad deal for my first rental or good?
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29 September 2020 | 4 replies
Not all lenders will share this as they will need to get approval from the borrower before providing.
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14 October 2020 | 6 replies
Throughout this time, I have been thinking a lot and researching about whether it would make sense to continue spending the time renovating, or if I should buy refurbished, or if I should even look to purchase new.For those who are experienced in this space, I was wondering if anyone has ever done a financial case study to see if manually building a HUD code approved mobile home (via Home Depot materials) could potentially be cheaper than purchasing new?
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5 February 2021 | 3 replies
Please note **This is not a financial, debt or capital solicitation**I am open to coaching, however I would expect that individual to directly participate - where my success is their success.
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5 October 2020 | 11 replies
I had 2 partners/parties to notify and get approval from (my buyer and seller) every step of the way and it was exhausting.If you do think each partner brings something specific and valuable to the table, I would probably buy the first one TIC and have a JV agreement.
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23 January 2021 | 13 replies
This coming week I need to dig into what exact approvals I would need for the current one, and the odds of getting them.
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30 September 2020 | 6 replies
If you own a $300,000 property in SLC with a similar equity spread to mine, you could be approved for up to $152,000 dollars on one property.Best of luck however you move forward!