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10 July 2024 | 3 replies
The way I understand it, you can own another home and still qualify for Fannie Mae's 5% down payment option for multifamily properties, provided you meet certain conditions.
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13 July 2024 | 1 reply
I am specifically reaching out to home flippers in the Bay Area.
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14 July 2024 | 16 replies
We didn't expect the fact that insurance should cover short term rentals but raises a red flag for lending during the 30-60 day period after closing where they make sure you're not using the home as a rental.
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11 July 2024 | 0 replies
Hello Everyone,We are currently working a deal in Gulf Shores that is a little tricky. It's around 4 acres of land that could be developed into a cul de sac with ~10 SF homes.However the lot currently hosts a 5k sqft ...
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9 July 2024 | 2 replies
I’m looking to purchase my second property (hopefully a duplex) and believe using a home equity loan is the best way to tap into my equity to use as a down payment since my mortgage rate is 2.5%.
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10 July 2024 | 16 replies
@Nate Marshall, thank you for that tip.
12 July 2024 | 7 replies
Has anyone found lenders (preferably credit unions or small local banks) that do HELOCs on investment properties, or are okay with a tax return that shows income generated occasionally on a 2nd home?
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12 July 2024 | 281 replies
No mortgage paid= they lose their home.
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16 July 2024 | 18 replies
I am currently going to college majoring in RE, and right now I am involved in an internship with a big home builder (PulteGroup) where i am learning the role of construction managers, which can help me in the future if i want to BRRRR or fix & flip.
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13 July 2024 | 5 replies
I know its difficult to stay fully anonymous but thats not my goal - Simply staying off of Google search results would be enough for me.Now trying to strategize how to purchase future homes in Ohio and Kentucky and stay off of Google.Heard there are a couple popular options:Option # 1.