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I know this is a very amateur question, but I don't understand how exactly equity is actually used in (or helps in) obtaining more properties.
For example, investors typically buy at 70% of market value, less repairs...
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Have had quite a few conversations with bank with HELOC product available in my market (Twin Cities) and thought others would appreciate an update on this list. Some players pulled out during the pandemic, some were n...
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I’m looking for others that have had issues with Lima One lending. Many of the issues I have had and seen Others on the forums include; them jacking up interest rates without informing the consumer right before closi...
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Hi All,I am purchasing a home to house hack in Alexandria VA. I have two loan options, and I am interested to hear thoughts between the two. They are very different, which is making me struggle with comparing them. Pu...
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Hello all....
I am reading and researching and really enjoy the learning process as it slowly becomes clearer, I’m English and the property buying and selling processes are somewhat different but, I’d like to think I...
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Good Afternoon All,Over my time in the industry I’ve encountered one question from new/newer LOs repetitively. Until now, I never actually realized I don’t have a decent answer to it now that I’m in charge of trainin...
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Since getting in real estate 11 years ago, I knew I wanted to buy rental properties. Then in 2013 I finally got the shot to do it after finally finding a private money partner to go in with and start buying. Since Jul...
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So I'm trying to start my real estate portfolio with house hacking, refinancing, and cash out pays for the next down payment. My credit is 711, and my debt is low, BUT I only make 23k a year. Ew.So I go to banks toda...