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1 April 2024 | 15 replies
Beware that 1) some lenders might not lend in Tulum because they deem it too risky given the oversupply situation and 2) other lenders won't lend if the purchase price is below $750k because you can't get title insurance in Tulum specifically.Finally, beware also that there's a huge difference between a lifestyle purchase and a (profitable) investment purchase, the latter being all about numbers.
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30 March 2024 | 45 replies
I'm 24, currently have about $200k saved up, and have talked with a mortgage lender but not finalized getting pre-approved.
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31 March 2024 | 5 replies
Definitely talk to a lender on if this is a viable option though.
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31 March 2024 | 2 replies
I'm basically looking for something that glazes over or goes in depth about how an investor can set themselves up with as many options as possible to go about buying, but I can't seem to find anything.To better explain what I'm trying to say, let me give some examples:One investor might have his “buying artillery” or “buying depth” (still looking for a term to describe what I'm saying) as;1. having a private lender and,2.
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1 April 2024 | 16 replies
Hard money and private lenders are dropping rates in desperation to put their money to work.
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1 April 2024 | 5 replies
Your lender should be able to tell you definitively, but as others have said you very likely agreed to live in the home for at least a year as a condition of obtaining the down payment assistance.
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31 March 2024 | 2 replies
Your lender will also have minimum guidelines for what they require, but I recommend getting rental loss coverage on your deals.
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31 March 2024 | 0 replies
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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31 March 2024 | 0 replies
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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29 March 2024 | 6 replies
property is @ 550k Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?