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19 May 2024 | 21 replies
Mainly due to aggressive underwriting as apartment prices shot up and they started getting floating interest loans to make the numbers work.
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16 May 2024 | 17 replies
I'm planning to pursue a conventional loan with 10% down payment.
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15 May 2024 | 7 replies
Would be happy to connect and get a loan summary over to you today.
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15 May 2024 | 4 replies
Yep, there a plenty of ways to acquire real estate without getting a bank loan or paying all cash!
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15 May 2024 | 9 replies
Can ideas how to make a foreclosure sale go through when there's no stove or hood (usually required for conventional loans) seller won't do any repairs or credits.
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16 May 2024 | 2 replies
I purchased a SFH that had a septic. When inspecting the property it was obvious hte Septic needed repairs. I created a contingency for the seller to repair and service the septic system. Spent the next year rehabbing...
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15 May 2024 | 11 replies
Then what would the loan amount on the home be at that point?
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15 May 2024 | 7 replies
So 30k in interest payments on a primary would only net most people an $800 tax deduction since they would have already got the standard deduction by default, where as 30k in rental interest would translate into 30k in deductions.This means that for an awful lot of people, they effectively don't get to deduct the interest on their primary.Keeping the loan on your rentals, while getting rid of the loan on your primary also helps from an asset protection side of things.
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14 May 2024 | 4 replies
The title of the post says "personal loan from your own LLC", but the post itself describes using a "construction loan".
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15 May 2024 | 10 replies
Hml should not require that in advance. instead, if building new, reconfiguring, etc, something a municipality might not go far, they are perhaps looking for now security before purchasing. which of these sounds like what you've encountered?