29 May 2024 | 4 replies
Hi Claude,HELOCs are used usually for short term purposes.
21 December 2021 | 38 replies
I believe Mapai Planipatch is rated for this purpose.
26 November 2022 | 35 replies
Business purpose loans are less impactful on credit.
27 March 2015 | 28 replies
. - we removed most of the bushes but left these boxwoods on purpose.
15 March 2016 | 4 replies
However, you must have the intent to hold the replacement property for rental or investment purposes (as opposed to held for another sale/swap), so you would likely not qualify for a concurrent 1031 Exchange and then another subsequent 1031 Exchange because you actually acquired it with the intent to sell or trade unless you can make the argument that the transaction has a legitimate economic/business purpose and that you really did have the intent to hold for rental or investment.
28 January 2014 | 6 replies
I think the risk with those is that your one tenant may go belly up (think about all the big box stores that no longer exist) and leave you holding a purpose built building that has little value.
14 August 2015 | 22 replies
After all, they have certain parameters that they legally must operate within.And yet another reason why a closing attorney (or escrow officer) is biased can be their (negative) experiences with wholesalers and deals that don't close.I suggest that you buy the forms disk intended for CA transaction from First Tuesday in Riverside, CA and modify/adapt to your purposes.
27 June 2014 | 16 replies
We kept our house in Virginia Beach for this purpose.
3 July 2014 | 18 replies
Since the purpose of making the loan was to get paid back.
19 May 2016 | 8 replies
Each CU has a different focus for lending, ie some others only lend to people who live and work in their region, some lend only on Single Family, others only for investment purposes but 20/25 amort.