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14 October 2021 | 9 replies
She called the Title Company and confirmed they are still processing the documents and would get back to me ASAP.
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14 October 2021 | 1 reply
I was in such a rush to move out of my day job that i almost didn't consider that i can leverage my salary to build my sales and investing businesses. 5. i decided to document my first few deals on a google document....i think that will help me out a ton.
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14 October 2021 | 4 replies
@Roberto Vasquez, A 1031 exchange is an entire process that involves the use of an unrelated 3rd party called the qualified intermediary whose sole job is to document the sale and purchase transactions and to hold the funds inbetween.
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28 October 2021 | 6 replies
You can't get that if the applicant submits a third party app.
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19 October 2021 | 8 replies
If the rehab is $30k, then you'd do $10k of work, the submit receipts.
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18 October 2021 | 2 replies
If you sell on CFD then document should be filed at county and because a sale to tax folks which is now just interest income.
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19 October 2021 | 51 replies
The normal 203k requires more documentation, appraisals, and inspections.
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18 October 2021 | 1 reply
No personal income documentation is required (no tax returns, no income statements) because the loan will be qualified based on the following: larger down payment (typically 30%), Cash flow (or potential cash flow) of the property, credit score, and appraised value.We have the following loan options: interest-only, fully amortizing, and rehab.Feel free to reach out anytime.
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25 October 2021 | 4 replies
Its your money to spend on STR, etc.Read your documents, but Loan Agreement would specify.
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20 October 2021 | 2 replies
Use the full payoff amount when running numbers, don't let them convince you they'll get the payoffs reduced without having actual documentation.