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If there is "multi-financing" on the property already the new lender would only loan more money if there is enough equity in the property to justify the loan. You would need to consult with a lender to determine what the fees would be in your area.

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15y ago

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When would one use creative financing?

Creative Financing would mostly be used by bankers or sales associates who are trying to get financing for an individual who would not be eligible for the more common forms of financing.


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Ah, the UK equivalent of the UCC-1 financing statement would be the Companies House registration or a charge registration with the UK government. These documents serve a similar purpose in providing public notice of a creditor's security interest in personal property. Just like painting a happy little tree, it's important to follow the specific guidelines in your region to ensure everything is in order.


What profession specializes in offering property investment advice?

The Property Investment Advisor would be the person qualified to give property investment advice. Property Investment Advisors are trained to turn investments into large multi-million dollar portfolios.


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I would assume property damage is referring to whatever you hit or wrecked your car into.


How can you obtain financing for a multi-family property?

The same way you would for a single family property, the only difference is the maximum LTV allowable. It depends on how many units the property is, 1-4 units is considered residential but 5 units and up is commercial and has different guidelines. Also a factor is if this will be an owner occupied property or is this a property you are buying as an investment. If you have any further questions on this subject or any mortgage related subject please feel free to contact me. Thank You, Edward David Sr. Loan Officer Stanley Capital Mortgage Co. 347-254-8311 EDavid@StanleyCapital.com


What does active CNT misc mean?

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