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Thank you for answering my question 🥰
My first home, i built with my own money, it cost me 189k all out , 3 beds 2 baths, got it appraised for 309k, took out 222k and built another home, and thats how i got into builder owner
How much is the new mortgage loan?
Dammmn I want more details
Yea I love this type of episode too
The owner occupied loans sounds good..definitely going to look into this to do a deal in 2025.. makes sense
Love the content guys, currently working on low down payment owner occupied funding for my next house hack using the BRRRR strategy
Some states now require wholesalers to be licensed.
Henry touched on the wholesalers. Most of them try to put too much tax on the deals. The number 1 pet peeve is they don't know how to do comps or ARV😂
17:15 owner occupied loans 🤔
Debt in the LLC would not show up on personal debt. Which would affect the personal credit utilization and score.
Wouldn't the the interest difference nil the benefit of a live-in BRRR
Not if you buy with your own cash, heloc from another property or a hard money loan.
Why would you renovate and refinance instead of FHA 203k loan?
No way he's going to get a loan in an LLC name with no experience or history or assets
Is Henry Asian?
Thank you for answering my question 🥰
My first home, i built with my own money, it cost me 189k all out , 3 beds 2 baths, got it appraised for 309k, took out 222k and built another home, and thats how i got into builder owner
How much is the new mortgage loan?
Dammmn I want more details
Yea I love this type of episode too
The owner occupied loans sounds good..definitely going to look into this to do a deal in 2025.. makes sense
Love the content guys, currently working on low down payment owner occupied funding for my next house hack using the BRRRR strategy
Some states now require wholesalers to be licensed.
Henry touched on the wholesalers. Most of them try to put too much tax on the deals. The number 1 pet peeve is they don't know how to do comps or ARV😂
17:15 owner occupied loans 🤔
Debt in the LLC would not show up on personal debt. Which would affect the personal credit utilization and score.
Wouldn't the the interest difference nil the benefit of a live-in BRRR
Not if you buy with your own cash, heloc from another property or a hard money loan.
Why would you renovate and refinance instead of FHA 203k loan?
No way he's going to get a loan in an LLC name with no experience or history or assets
Is Henry Asian?