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Historically, Santa Cruz County trails both San Mateo and Santa Clara County in nearly every major real estate metric. Since 2012, the yearly median growth is about 12% per county but the counties of San Mateo and San...
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Want to finance a townhouse in a complex where less than 50% of the units are owner-occupied. Conventional lender (US Bank) will not lend, even with large down payment (>40%).What kind of lender will?
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Hi- I have an active 90 day exclusive JV agreement with a wholesaler to help them market a distressed property. Property is in TX. We have been marketing this and actively searching for buyers. We were just informed ...
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I’m currently looking in to purchasing a four-plex property i have ran the number and the deal fits my criteria , i have a great amount in savings to cover the down payment and costs associated with the property and s...
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Is there a way to cash out refi if I paid cash for my home without waiting 6 months?
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Can anyone explain to me the concept of using a hard money lender on an investment property? If someone wanted to purchase a condo in a beach town and had X amount of dollars to put down but that amount was not enough...
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If a persons Fico score is above 700, and debt to income ratio is low , is it hard to still qualify for a commercial multi family mortgage through your business , if your previous years tax returns show losses?
Has anyone had any problems with banks wanting to wait on current mortgages to “season” for a year or so before loaning anymore money? Even with 20-25% down payment still the same answer whether it’s a new purchase or...
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Hello BP! I’m locating in Chicago, but looking to invest in the Normal, IL area. Does anyone have a recommendation for property management in that area? Also, what’s a normal rate? Flat fee or percentage based? Thank ...
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We have purchased a few multi-unit properties in the Lehigh Valley, and we are using the criteria that if it cash flows after accounting for all expenses, including PM, cap ex, repairs and vacancy, then scoop it up as...