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24 February 2024 | 7 replies
Does the land contract sale also require an RMLO to "originate" the financing?
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24 February 2024 | 6 replies
To maximize the number of transactions you’re involved in you will need to:Be Top of Mind when they think about moving - which requires consistent reminders.Be seen as an Expert – which requires a consistent message and Evidence of Success storiesGain their Trust – which requires communicating integritySo, start out by listing everyone you know in an Excel spreadsheet.
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24 February 2024 | 9 replies
About 10 years ago Rochester, NY stopped performing these inspections and now requires the owners to hire a licensed architect or professional engineer to make the inspections.
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24 February 2024 | 3 replies
Your city should have enforcement rules that require him to maintain his property in a manner that prevents damage to your property.If the city doesn't help, then you can try paying for it yourself and sending him the bill.
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26 February 2024 | 58 replies
The law was entirely in favor of the HOAs and these corrupt attorneys.HB22-1137 created new requirements for notifying homeowners of violations before issuing fines, set a maximum interest rate of 8% on past due fees and fines, limited the ability of HOAs to foreclose, and set the maximum fine amount for non public health and safety violations to $500.
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24 February 2024 | 1 reply
This would require some work on your end to get an appraisal, Scope of Work from a General Contractor who has experience doing renovations of this caliber, ensure your GC knows and applies for the necessary permits, confirm with county/city that rezoning has been complete.
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24 February 2024 | 1 reply
I've been reading about the DSCR loan that doesn't require income proof, but I've heard some people say you need to have a primary house in order to be qualified.
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24 February 2024 | 5 replies
Moreover, the discipline required to save for a large down payment often reflects better financial management skills.
24 February 2024 | 3 replies
No matter what, if this is your first investment property deal, you will have to have some "skin in the game" with anywhere from a 10% to 25% down payment, plus closing costs and required reserves.
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24 February 2024 | 10 replies
With monthly extra payments, you make consistent progress, save on interest, and stay motivated, but it requires steady cash flow.