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8 November 2017 | 0 replies
As part of the broker's license requirement, I need to open a broker trust or escrow account at a Real Estate Commission bank.
9 November 2017 | 1 reply
You will typically have 1 or 2 local banks who will issue mortgages on the property.
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14 November 2017 | 10 replies
Or has it been foreclosed and now bank owned?
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14 November 2017 | 2 replies
or not.Many banks will go as high as 80-90% LTV on a HELOC for your primary residence.
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14 November 2017 | 10 replies
Using your primary residence as your own personal HELOC bank for BRRR strategies is very enticing.Tim SmithKennewick, WA
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10 August 2019 | 35 replies
Yes, it's obviously a good thing that the economy is doing well, but I certainly do miss those housing prices circa 2011-2012... spoken by a true opportunist :) also if you were building new construction like we are in Portlandia you would say thank god for the rebound.. much better to put those nice checks in the bank then right them to sell inventory :)
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14 November 2017 | 5 replies
The bank wanted 44,900.
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13 November 2017 | 2 replies
Ask for bank statements so you can track the “Actual” incoming rents.
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14 November 2017 | 2 replies
Traditional bank lenders - same thing, need downpay.
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15 November 2017 | 10 replies
There are of course other hurdles here: debt to income ratio, credit score, cash in the bank, etc.