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25 March 2024 | 7 replies
Most lenders require you to have 6 month seasoning to do a cash-out, but I do know of an option that cuts the seasoning period down to 3 months.
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24 March 2024 | 2 replies
If you want letters from previous landlords if they can meet your stated income and credit score requirements then, you also state that up front, exactly what you want.And your realtor and attorney should be helping guide you this way.
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25 March 2024 | 8 replies
Are you looking at buying/building a private strip and expanding the hangar capacity or would this be an off airport storage requiring wing removal and towing?
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25 March 2024 | 5 replies
Conversely, refinancing preserves your current positive cash flow and requires less hands-on work, but you may not secure the same low interest rate and could diminish the equity available for your next house hack.
24 March 2024 | 2 replies
My father wants to use his SDIRA to provide a loan to the LLC him and I are equal partners in.The loan would provide the additional funds we require to purchase an investment property.The LLC would pay principle and interest at market rate to the SDIRA.Would this be considered a disqualified transaction?
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25 March 2024 | 9 replies
The best deals for flips are pretty rough and require quality rehabs.
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25 March 2024 | 0 replies
Buyers will be required to sign a buyer agreement prior to showings, many states operate this way already, and it can be specific to a period of time, specific property or range of shopping options the broker is to assist with. - Buyer broker commissions will be more transparent and in all likelihood begin to trend downwards.
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25 March 2024 | 7 replies
It is also very big and requires constant reno/repairs.My tax returns are laugh worthy to conventional lenders and I have 2 other properties so my debt to income ratio looks ridiculous to the average underwriter... but the cash flow is definitely there.
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24 March 2024 | 15 replies
Rather than me saving up for a down payment to use with a Hard Money Loan to quickly purchase a property, I spent the last 2 years trying to balance out my debt from the program and debt from daily life.MY advice is DONT DO IT.
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24 March 2024 | 2 replies
Is there any special requirement to do it in this state?