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25 January 2017 | 97 replies
My rental income covers all of my monthly costs, and the ability to maintain the lifestyle I was used to.
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20 January 2017 | 13 replies
If, however, she has the ability to move in with your, or another alternative homestead temporarily, and get property 1 leased, she could use up to 75% of the rental income to qualify for the loan on house #2.
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22 February 2017 | 1 reply
Mortgage banks and brokers, have the ability to not only shop rates but shop loan programs.
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14 November 2016 | 8 replies
Screening has two priorities, #1: a tenants ability to pay and #2: the landlords ability to collect when they default.
11 July 2016 | 1 reply
Would you start out trying to find low cash down deals, such as seller financing, and have the ability to invest in more properties.
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12 July 2016 | 1 reply
I would only be concerned with his ability to get a loan or another source of financing in 3-5 years when the balloon comes due.
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20 July 2016 | 4 replies
Term or not tenants leave whenever they please where as a M2M gives the landlord the same security as a term but allows the landlord the ability to terminate with 30 days notice.
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30 October 2016 | 6 replies
it's really difficult to tell you every single thing that i look at. i have lots of experience so i can just make offers based on the listing pictures. even if it's just a single picture of the front of the house. that's cause i buy similar houses and know about how much it would cost. but i have a lot of experience, so nothing phases us.in addition, when you have a checklist, the agent will know you are not experienced and will question your ability to close. big things are - kitchen, bath, electrical, roof, concrete.the rest is child's play.good luck.
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21 September 2016 | 5 replies
The benefit of private lending is the ability to find unique structures that add maximum value for both parties.
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24 September 2016 | 23 replies
@Sean Cole don't think so Sean when it comes to precluding one's right to a foreclosure and ability to cure... this is basic contract law.. not respa Like I said I see lenders do this.. and have been approached by HML looking to me for funds for their deals and when I ask about their foreclosure procedures this is their reply.. because in some states like NY I simply would never do a loan there because of the time lines to foreclose.