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I’m looking for some general knowledge about understanding FHA loans. Are there income cut offs for qualification for FHA loans? For example, If your income is $100k+, you can still put down a minimum 3.5% with a scar...
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Hi all, My name is Josh and I own few properties that I rent in the west coast. I found a great opportunity to buy a lot / land for development in an area that there is very low inventory. I am trying to figure out so...
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Hello all. I'm new to this industry and trying to ingest as much information as possible. I'm currently going through the UBG and i'm on the section of the 2% rule. I live in a major city and I'm just not understan...
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I'm working on a commercial deal and the LL is trying to amortize the TI at a 10% interest rate over 7 years. The space is 3,600 and $30 TI is being amortized. When calculating this equation do I divide the interest...
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has anyone recently used the wholesale calculator. im testing a deal im looking into and from what i put in t seems to be confusing cause this is what i get... According to the data you provided, you can afford to off...
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Hey BPers,I wanted to better understand California rent control. I've read a summary of AB 1482, the 2019 California Tenant Protection Act, but just had a hypothetical question I wanted to ask to make sure I'm unders...
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I’m trying to understand the terms of these construction loans to build a duplex and choose the better option ASAP.
Loan 1: Loan Amount: $525,000 - $75,000 funded at closing (less fees and reserve), then 6 draws of ...
Hello Zoning Experts,The Zoning for the property is R-75- SF Res Districts but the Land-Use says 102- Residential 2 Family. Currently, there are two buildings on the lot. Each building already looks like a duplex and ...
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I was told in a previous post that CAP is irrelevant when evaluating a SFH, if I understood correctly.
But I still want to understand it.
About to cash-out on current residence
Refi at 135K
Insurance and taxes wrap...
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im trying to understand how hard money lending works. at first i though if you find a lender and he wants 10% you would pay him his money and 10% when you reach the 3 month or 6 month term you set up. But If I'm payin...