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3 October 2021 | 1 reply
I told him that I could not count his daughter's income as she was not on the lease, but I realized I'm pretty ignorant on SSI and how it can be applied/counted as income.
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10 October 2021 | 6 replies
Include as much financial documentation as your client feels comfortable - credit report, W-2, proof of funds, etc. so that the seller/seller's agent can rest assured that it will be an easy deal for the lenders to underwrite.State the following (if they apply): Purchaser does NOT need to sell a home in order to purchase; your trusted and preferred team of lenders, title company, attorney, etc. are working with your client to insure a smooth closing; Your purchaser is flexible on closing date so they don't mind if the seller needs to close quickly, need some time to move out OR would require as post-close possession.Selling a house that needs updates- Price to sell.
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3 January 2022 | 3 replies
Then, in about 30-60 days of having an account apply for their CashRewards credit card.
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4 October 2021 | 1 reply
This will stop nearly all developers from buying a single-family parcel just to subdivide and build two duplexes.Additionally, SB9 applies only to urban areas and urban clusters as defined by the Census Bureau, so we're talking about areas that already have a fair amount of traffic and noise.
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7 October 2021 | 6 replies
I'm just taking a guess, but if after your purchase the home, you deed it over to a trust, and your children are in that trust, then would the STR rules that you were able to take advantage of now also apply to everyone in the trust...including your children?
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6 October 2021 | 12 replies
Last month the tenant paid a day late but I decided against applying the late fee.
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5 October 2021 | 8 replies
Our Ideal investment would be as follows (for context)Find an ideal investmentPartner A & B both review and agree on investmentPartner A or b or A and B apply for mortgage on investment (please advise on this)Partner A supplies down payment on investmentPartner B supplies all labor and materials to repair, rehab.
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4 October 2021 | 0 replies
After that one needs to apply for commercial mortgage which requires 25% down and has a higher rate.
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4 October 2021 | 1 reply
More importantly the tear down of the entire building basis could be applied as retirement or disposition of asset expense.
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4 October 2021 | 2 replies
I do this when I estimate for rehabs, but I think it applies here as well.