11 May 2021 | 6 replies
I guess see what the appraisal comes back at, but also be careful because you need the second property to make this work.
11 May 2021 | 2 replies
Answers in writing a better, in case you need to go back to refer to them later.All of these seem pretty minor and I'd guess that you would have taken care of them anyway.I would use these defects to negotiate a lower price if you can, but as you're ready to close and have a binding sale contract with no "outs" left, the seller might just refuse.Good luck!
24 May 2021 | 10 replies
With that I'm guessing your realtor might have suggested you waive certain contingencies, or you offer to pay for them yourself.
11 May 2021 | 3 replies
@KevinSobilo Kevin, I used a USDA loan to purchase the home. so 0% down, so the loan is 215K.If I do a cash-out refinance, I guess I could then take 80% of the LTV using the cash to put into a new investment property?
23 May 2021 | 9 replies
I'm guessing this doesn't factor in those that have refinanced after closing and bringing this 54% rate down.
12 May 2021 | 2 replies
Their prices for me have been less than Home Depot.I have a cousin who is excellent at siding work (I'm guessing you mean vinyl).
11 May 2021 | 6 replies
Let's think about numbers real quick...ROI on Conventional 20 percent down ($36,000) for $275/month ($3,300/year) cash flow = 9.16 ROIROI on FHA 3.5 percent down ($6,300) for (complete guess) $150/month ($1,800/year) cash flow = 28.57 ROIROI on 0 Percent down for $125/month ($1,500/year) cash flow = INFINITIA strategy you could implement might look like this: buy #1 with your VA, a year later #2 with FHA, a year later Refi #1 into conventional, buy #3 with VA, a year later Refi #2 into conventional, buy #4 FHA.
13 May 2021 | 11 replies
Only one person could guess what it was.
16 May 2021 | 18 replies
Lots of posts on BP about how corporate veils being pierced easily (probably because too many people don't protect it, or know how to is my guess).
11 May 2021 | 4 replies
@Peter Beckwith I don't think it's the case with either, because I've never heard of that.I mean, I guess I can't blame some companies for trying it, but I've never encountered it and probably wouldn't agree to it.On the other hand, if they want to give me a competitive quote on my primary residence to try to win my business independently, I'm always open to considering ways to save money 😀