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26 September 2018 | 2 replies
Yes, you will have access to a VA loan with 100% financing, however:This doesn't to you a whole lot of good if you are only in a duty station for a few monthsDepending on your rank, duty station, and other factors, you may be required to live on base at timesVA loans are only for owner occupantsYour purchase price will still be dictated by your credit and income (see first bullet above), andIt can be extremely risky to buy with 100%+ financing at the peak of the market (I say 100%+ because many servicemembers and veterans roll their VA funding fee into their loan, which can leave them leveraged at 102% or more - with negative equity).
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17 September 2018 | 2 replies
My partner and I work in commercial real estate development, but would like to branch out and execute our first fix and flip project.
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26 September 2018 | 5 replies
@Ned CareyI attended an REIA meeting at the Sheraton in Towson and the speaker there (a commercial real estate investor) advise the same when purchasing commercial properties.
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3 May 2020 | 1 reply
hes doing it again this year, if you google it, it now only costs $90 bucks to get access to everything, debating signing up
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30 April 2019 | 5 replies
This is important for the possibility of your loan getting approved but also a major factor in a seller's decision to accept an FHA financed offer over an investor who is paying cash or financing with a conventional or commercial loan.I would suggest taking a different approach with your FHA loan and looking for a property that you would want to live in for an extended period of time but also would cash flow if leased it after satisfying your FHA owner-occupancy time requirements.
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19 September 2018 | 29 replies
Who could say anything useful about this with no access to No. 8?
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19 September 2018 | 6 replies
I have read lots about a property needing to be 5 units for the banks to view them as a commercial operation, but this is always referring to the States, but I don't know if this applies to Canada, specifically BC.
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17 September 2018 | 2 replies
At the price point of our properties, it ends up being a little over the 6 months of mortgage payments per property that the commercial lenders in my area like to see prior to lending on additional properties.
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17 September 2018 | 6 replies
Do you want SFR's, MFR's, commercial, single purchases or portfolios?
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19 September 2018 | 21 replies
You dont have any money or access to it.