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1 December 2018 | 6 replies
That means a separate bank account for each series property and a separate set of books.
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26 November 2018 | 4 replies
I understand the general concept but I am not comfortable enough yet with the details to accurately explain the positives and potential negatives to my client.
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17 November 2018 | 24 replies
That will make the bank a lot easier to deal with, since you're showing income.And yes, you used "ARV" correctly.
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15 November 2018 | 3 replies
So talk to the sponsor and have them explain their why and their how to you.
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27 November 2018 | 7 replies
And it's worth money in the bank.
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16 November 2018 | 3 replies
I doubt a bank is going to allow for a future not built garage before close, too many contingencies could go wrong.Best option.
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22 November 2018 | 6 replies
For your debt to income concern: Yes, it can be a very real problem, especially with traditional bank lenders.
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12 January 2021 | 15 replies
We then approached the bank to refinance, and the appraiser (I think partly due to my wife's keen eye for decorating) valued the home at $215,000.
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16 November 2018 | 6 replies
Yes HELOC would be the way to go, just can't find any bank that will do a HELOC on an investment property.
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15 November 2018 | 0 replies
What bank do y’all recommend on using for business?