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3 June 2024 | 5 replies
So now my holding were a house I purchased for $55,000 with an 11% interest $45,000 loan against it, and a lot I purchased for 18,500, with a $50,000 loan at 7% interest against it.
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4 June 2024 | 4 replies
You can still get an FHA loan on those if you live in one unit as your primary.
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1 June 2024 | 8 replies
Any lenders that you would recommend for this type of loan?
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3 June 2024 | 4 replies
They buyer then goes to get a loan from the bank, and in the course of due diligence the bank finds out that one of the sellers has a tax lien judgement against them for $320k ( the property is selling for $130k ).
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4 June 2024 | 8 replies
There arn't and lower interest rate FHA loans to assume on multifamily which would put you in todays higher market rates.
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6 June 2024 | 57 replies
Does it depend on the value of the loan, like a $500k deal vs a $1.5m?
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1 June 2024 | 1 reply
Monthly loan is $3500.
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3 June 2024 | 12 replies
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3 June 2024 | 0 replies
The loan was at 4% so the cash flow was solid, the only issue is we have more money stuck in it than we would like.
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2 June 2024 | 14 replies
Though personally I'd want you to get your financials dialed in if they aren't already.