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I am looking to refinance to maximize the amount of cash I can pull out of my house. I owe about $380,000 and it should appraise at around $525,000.What is my best option to pull cash out? I do have PMI(FHA loan) of...
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If I already have an existing mortgage am I able to use an FHA Loan for a SFH investment property (flip or buy and hold) ?
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HI BP! Does anyone know how a bank's appraiser concludes cap rate in deciding property valuation? My NOI/purchase price puts cap rate at double(!) the market cap. Will a bank use the lower market cap rate to appraise,...
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Hello All,This is my first year owning rental properties and was fortunate to buy 2 small properties. What should I be doing throughout the year to best maximize my tax returns each year? Any tips, advice, things to k...
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sorry no picture yet, I will. Your talking to blond hair blue eyed Barb. But anyway, I'm new here. I've been using my own cash to buy properties. How can I get more cash to start buy low rehab and sell. I don't want t...
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Thanks for reading this post!I purchased a condo in October of 2009 for $115,000 as my primary residence in Las Vegas.December 26th, 2012, I did an FHA streamline to lower my interest rate to 3.75%, however, the PMI i...
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Are people finding that in this market it’s harder to get under contract on a property with a Fannie Mae Homestyle loan? My husband and I are trying to purchase, but the prices in ATL are crazy. We thought it’d be a l...
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Hey Everyone,
I am looking for the best financing options for my plan, but if there are any better plans someone might have a suggestion for, I would love to hear them as well.
Your goals and story: I am a newly lic...
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I am new to helocs. Taking out a heloc on my primary, no mortgage note. Comps in my neighbor peg house value at $348K. If a bank does 80% but is availing a $220k line. Am I on the loss for something here? Why won't ...
I understand the formula to use which is (ARP*.70)-repairs=buy price. I just want to know the best way to get an accurate ARP