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23 February 2024 | 2 replies
The DSCR is a bit more expensive, but it only cash-flows the property and does not require them to do a full-income documentation loan to you.
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22 February 2024 | 4 replies
After recently speaking to loan professionals I have become aware of the fact that after you have a couple of properties lenders will require that you have 3-6 months of reserves for your loan payments for each properties on hand.
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22 February 2024 | 7 replies
So there are many good lenders that do no have a license as its not required.
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23 February 2024 | 3 replies
A landlord seeking to evict a tenant must satisfy one of the requirements defined in New Jersey's Anti-Eviction Act.
23 February 2024 | 8 replies
This would let you satisfy your 1031 exchange requirements but also scratch your conservative itch.
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22 February 2024 | 5 replies
This program is specifically designed to help finance the construction, acquisition, or rehabilitation of rental properties with multiple units.To qualify for a USDA multifamily loan, the property must meet certain eligibility requirements.
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22 February 2024 | 3 replies
I'm wondering though, if I market them as lease option/rent to own, will a PM show the property, handle paperwork including the option contract and then manage the property or does that require a real estate agent?
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22 February 2024 | 6 replies
or if LENDER B's approval and CTC are required to match the price?
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22 February 2024 | 8 replies
In Wisconsin what are the legal requirements for a handyman?
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22 February 2024 | 1 reply
Also, the transfer of title would insure costs, and you would need to make sure the due-on-sales clause would not be an issue.If you decide to proceed with the business purpose financing, lenders will generally require credits from all three of you given the shares of the LLC is 1/3 of the company each.