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I recently purchased a property that will be a vacation home, and vacation rental. I had planned on putting 20% down and getting a mortgage, but due to 6+ offers, I had to give a cash offer to get it done. The cash a...
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I'm looking at the different advantages of purchasing properties cash vs mortgage. Obviously I like the lack of risk with purchasing cash but I also like the leverage of purchasing with a mortgage. IE buying 5 50k pro...
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Has anyone ever worked with Nexa Mortgage. Their home base is in Arizona but they offer mortgage financing across the US.
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This is likely an over-engineering some more simple transaction, but thinking aloud here. My mom has a considerable amount of equity tied up in her house and it makes sense for her to unlock some of that cash now to t...
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Instead of getting a $100k loan for 1 house, how could I get a $100k loan for say 5 down payments of $20k, or 10 down payments of $10k, etc? Package deal? Would that technically be a piggy back loan? (100k for 10 down...
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I'm looking to purchase a 2-4 flat in which I intend to live in as my primary residence. At some point in the future, I expect y family to grow (from 3 to 4) and living in one of the units may no longer be feasible. ...
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I'm looking to purchase a 2-4 flat in which I intend to live in as my primary residence. At some point in the future, I expect y family to grow (from 3 to 4) and living in one of the units may no longer be feasible. ...
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Hello all, I’ve currently got one rental and already have an LLC acting as the property manager. I’m curious to know how many personal mortgages I can have before needing to go the commercial loan route.. also, once I...
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Hello!
Thought some of our lending-savvy peeps here might have some insight on this.
I noticed on my mortgage statements that the mortgage is due on the 1st but isn't late until the 16th! That's a real...
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Hello! We have a house that we are considering purchasing for about $250,000. It needs about $40,000 worth of renovations, and has appraised for about $325,000 as is. We'd like to do a conventional loan with 10% dow...