Hi. I am considering doing a 1031 exchange into a Delaware Statutory Trust, interested but not limited to NNN properties. If you have similar experience, can you please share the broker that you used and your experience after buying? Thank you!
Hi. Did anyone use a 1031 exchange qualified intermediary and have good experience with it? Also, how much are the fees? Looking for recommendations. Thanks!
I do not need the proceeds from the sale for down payment so ideally I would want to close on the new one first and then sell my current place. However, if it's due to the DTI ratio since I want to borrow more and take advantage of the low rates then I will need to sell my current home first...
Thanks I will ask them about it. I was not aware that the departure residence property DTI can be eliminated or it could be due to COVID that they now have more restrictions. I think one lender told me they now require 18 months of PITIHOA - I was asking about jumbo loan.
I am still very early in the process right now. I just started talking to a few lenders and have not entered into a purchase contract. I am in no rush but expecting to move forward within 3-6 months. Renting back is an option but just not sure if it would turn off potential buyers.
Hi. Is there anyone with experience on selling current house before closing on a new construction? Anything that I should consider and pay close attention to, such as agent and lender? Any experience on finding a temporary place to live before moving into the new house and moving everything into...