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4 March 2024 | 8 replies
,I was wondering if you can enlighten me on how this online auction works for broward?
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6 March 2024 | 9 replies
I can't comment on if there was discrimination or not in your case as I wasn't involved, but the above requirements would be in place if Jeff Bezos called me for a loan to develop a new Amazon Warehouse and was willing to personally guarantee it and pledge his personal mansion and pay triple the normal mortgage broker fee.
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5 March 2024 | 7 replies
Your inspector should give you a good idea if there's anything big and pressing.Also, if you house-hack, that hopefully means you'll pay a lot less in your mortgage than you're currently paying in rent?
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4 March 2024 | 4 replies
My mortgage has been approved saying that it would be owner-occupied though my broker told me there is no real consequence of just not living there once it's already been approved.
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5 March 2024 | 27 replies
The units without mortgages typically net $10-12k annually and the units with mortgages net about 1/2 that.
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5 March 2024 | 12 replies
I would suggest you may want to look into being the bank were cash flow is higher than rentals and its tax deffered a good mortgage broker can get you 10 to 12% COC today and there are funds out there that will pay 8% all day long although your not the sole owner of the mortgage so there is that.
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4 March 2024 | 3 replies
These lenders often have more experience and flexibility with properties that include ADUs and JADUs.Community Banks and Credit Unions: Local community banks and credit unions may be more willing to work with you, especially if they have a better understanding of the local real estate market and the value ADUs and JADUs bring to a property.Mortgage Brokers: A mortgage broker may have access to a wider range of lending options and could help you find a lender willing to consider your property.
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4 March 2024 | 3 replies
I know of some great online options if you want to provide a simple/quick way for them to purchase.
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4 March 2024 | 3 replies
Mortgage is $2000/mo and I could rent it for $2,500/mo.
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5 March 2024 | 7 replies
We rent out our previous home and bring in $600 a month on it after mortgage, taxes, and insurance, but she doesn't see it as an investment property and so it has been hard to continue investing without her support.