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Make Your First Investment Property an Attractive and Profitable Option

Cleveland Appraisal Blog

You’ve just purchased your first property to renovate. How can you capitalize on your first investment property? Whether your first investment property will be a rental or a flip, your goal is to walk away with more money than you put into it. Decide on How to Proceed. There are pros and cons to each.

Investing 332
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What Is a Land Contract In Ohio? Full Guide [2021 Update]

The Robert Weiler Company

Essentially, a land contract is an alternative financing option if you’re investing in: Farmland or raw land. The contract is essentially a seller-financed lending agreement for the purchase of a property, which requires the buyer to pay monthly installments until a balloon payment is due. Multifamily housing. A home or condo.

Contracts 143
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How should appraisers approach short-term rentals?

DataMaster

. — also known as short-term rentals (STRs) — to claim STR income as part of the borrower qualifications side of the lending decision. However, the GSEs did not make a parallel change to the property qualification side of the lending decision. This is creating significant friction in the lending environment.

Appraisal 148
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How should appraisers approach short-term rentals?

DataMaster

. — also known as short-term rentals (STRs) — to claim STR income as part of the borrower qualifications side of the lending decision. However, the GSEs did not make a parallel change to the property qualification side of the lending decision. This is creating significant friction in the lending environment.

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Navigating the Appraisal Process – What You Need to Know

Simonson Real Estate

An appraisal is an objective, impartial, and unbiased opinion about the value of real property prepared by a State Licensed or Certified professional appraiser. Appraisers assemble a series of facts, statistics, and other information regarding specific properties, analyze this data and develop opinions of value. Value Scenarios.

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Helping Lenders Navigate the Commercial Real Estate Appraisal Process

Simonson Real Estate

Having worked with many different lending institutions completing new construction and planned renovation assignments, think of this article as a “best practices” reference to be shared with new lenders, credit analyst team members and borrowers navigating the commercial appraisal process for the first time.

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GSEs still shun the low end of manufactured housing

Housing Wire

Instead, they have opted to finance manufactured homes that more closely resemble site-built homes, are titled as real property and cost much more. Freddie Mac has sought to educate borrowers on options to convert chattel financing to real property. Could the same logic be applied to chattel loans?

Finance 414