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Better Than Success Real Estate News Briefing

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Better Than Success Real Estate News Brief for Oct 18 2021

  What You Need To Know About That Viral iBuyer TikTok https://www.msn.com/en-us/money/realestate/what-you-need-to-know-about-that-viral-ibuyer-tiktok/ar-AAPwA8h Fannie Mae vs. Freddie Mac: What’s the difference https://www.msn.com/en-us/money/personalfinance/fannie-mae-vs-freddie-mac-whats-the-difference/ar-AAPtpBY How to Kick Someone Out of Your House: Evicting a Family Member With No Lease https://www.realtor.com/advice/rent/how-to-evict-a-family-member/ On Wednesday’s event, Customize Your Own Creative Financing Strategies for Your Next Real Estate Deal with Nicole Purvy, she shared shared some rules for your financing strategies, a few of them include:   With rental loans, banks will finance up to 80% of the acquisition cost or the appraisal value whichever is less.   Most banks do not require seasoning of a property for a refi.   Banks use appraisals for refi’s, but for multi-families they will consider an income approach and market data.  To see our upcoming events, visit betterthansuccess.com/events.

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