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25 August 2021 | 4 replies
@Nathan KapustaI would suggest speaking to an attorney and have them draft the LLC to take into consideration each of your roles etc.
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9 November 2021 | 12 replies
Speaking of Avery Carl...her podcast The Short Term Show just got started, but so far I think it has been really good.
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24 August 2021 | 6 replies
I would keep things simple and first speak with your original lender who completed the underwriting.
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23 August 2021 | 4 replies
I can only speak for myself, but I've helped a number of people 1031 into passive deals providing 1+% a month.
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27 August 2021 | 6 replies
Generally speaking there are 2 main types of loans for investors: “Conventional” and “Portfolio”Conventional - I'll define these as loans that come from Fannie Mae and Freddie Mac (if you recognize those names).
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24 August 2021 | 10 replies
Before getting everything going in note investing, I recommend speaking with other investors about the business.
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27 August 2021 | 7 replies
Like a lot of people on this site I was drawn to multifamily house hacking because it allowed for the purchase of a multi family property with very favorable financing options (3-5% down) as long as you occupied one of the units as your primary residence.After speaking with multiple lenders they are all telling me that this is only through the Freddie Mac Home Possible program which has an income cap that I, unfortunately, do not meet.
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25 August 2021 | 12 replies
@Bruce Lynn I did speak with him already and his response was in line with the response above.
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25 August 2021 | 3 replies
And that residential department will often not speak to the commercial department.
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25 August 2021 | 4 replies
You'll need to speak with a lender and have some type of a down payment....likely 25% down (or so).