4 September 2018 | 1 reply
Hi BP,Question..is it possible to purchase multiple properties using my VA loan (in this case seller is selling as a package 3 quads on the same street) at the same time as long as i occupy one of the units to satisfy the VA requirement and dont go over my entitlement limit?
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4 September 2018 | 3 replies
Limits is that the loan is in the name of individuals and not any LLCs.
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24 September 2018 | 161 replies
I buy now for cash flow, mostly passively in limited partnerships.
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24 September 2018 | 147 replies
They go there and ask them in the back room to run up their credit cards by calling companies and asking for credit limit increases etc.
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7 September 2018 | 4 replies
Is it still limited to the max 10% per year increase?
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4 September 2018 | 5 replies
Solera National Bank has dedicated team/department working with IRA clients, they have superior online system and mobile app with standard mobile deposit up to $50,000 (you can request higher limit if needed), their checking account has no fees, they give you free checks and more.
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5 September 2018 | 5 replies
I suspect that the option that will work best for you is the one that fits your time limitations.
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4 September 2018 | 8 replies
I would call it a red flag if they resist giving you everything you request for your DD document list quite quickly, their speed and thoroughness in response to that shows their willingness to sell imho.When you schedule your inspection you want all your professionals there at the same time to go through a single time, contractor, inspector, and any specialists you think you might need like roofer, engineer, etc.Also don’t feel pressured to make your DD and inspection time as limited as is common in SFR, give yourself 2-3 months at least, again, from when they deliver the docs you request.Besides financial DD you want to do physical DD not just on the property via inspections but visiting the area during day and night, weekdays and weekends, to ensure you have a feel for everything that’s happening at different times all the way around the block.
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4 September 2018 | 6 replies
its common in multi family in SFR though its not uncommon to have a home inspection once your in contract and finacing is approved. you want to limit your tenants disruptions.. because there is also going to be an appraisal if your financing.. we try to do appraisal and inspection same day when ever possible.
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24 October 2018 | 12 replies
There certainly is a cost to the broker but a local/regional bank typically has a portfolio allocation limit that may limit what they can offer you no matter how good the property is.