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12 March 2024 | 22 replies
Thanks for all the support and messagesThere is no requirement for you personally to do the moving.
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14 March 2024 | 1 reply
The AIO is our only debt on the property and is in our personal name (not an LLC) as a requirement of the loan.We are looking to do an extensive addition/remodel on our personal home, and given current rates, we are considering using the AIO loan to help pay for it.
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14 March 2024 | 19 replies
The Lima One loan programs that require real estate investment experience are our FNF portfolios of 3+ properties, ground up New Construction, and Multifamily bridge.
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14 March 2024 | 1 reply
Second home also has requirements about occupancy that we are unsure we could accomplish.
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14 March 2024 | 7 replies
Requires patience and potentially looking for off-market deals.Accessory Dwelling Unit (ADU):Pros: Offers privacy and less noise transfer.
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15 March 2024 | 10 replies
Investing may help investors avoid costly mistakes and losses by learning from others' failures and seeking mentoring or direction.Overall, while starting with limited capital requires creativity, resourcefulness, and persistence, it can also lead to valuable lessons, opportunities, and success in real estate investing.
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14 March 2024 | 11 replies
. - We plan to continue working for the next 10-15 years, so the income requirement is at that point in time.
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13 March 2024 | 11 replies
Doesn't this imply that 99.9% of the people you are desperately chasing are NOT motivated?
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14 March 2024 | 2 replies
I think that purchase price is pretty close to the minimum loan amount requirement lenders have for conforming loans.
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14 March 2024 | 11 replies
You need to check to see if your state requires a license - most states do not.