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28 December 2024 | 19 replies
I think you can definitely run into a potential guest using that against you in the near future and opening the door for liability.
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17 January 2025 | 22 replies
They don't care when you try to explain all the future projects, they actually hate hearing that since it sounds like a scam, when an investor says, "Give me a good price and I will have a lot of work for you" it sends chills up their spines.
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4 January 2025 | 0 replies
These will be LTRs and I will most definitely be playing the long game with these.In addition, as rates go down in the future (hopefully) I plan to refinance as most of us do.
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6 January 2025 | 5 replies
Higher loan balances we would likely see an opportunity in the future to refinance again due to lower rates so consider a 2-3 year prepayment penalty.Of course if you qualify for Conventional Financing (Fannie/Freddie), there are no prepayment penalties so just calculating out the return of investment timeline on point buy downs.Good luck shopping and let me know if you want to talk further!
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5 January 2025 | 17 replies
Quote from @Lorraine Hadden: Take these California Malls ---- Eastmont Mall - Closed (Oakland); Carousel Mall - Closed (San Bernardino); Laguna Hills Mall - Closed (which was featured in BACK TO THE FUTURE); and the Village at Orange - Closed.
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2 January 2025 | 2 replies
Quote from @Spencer Elliott: Long story short, land is on loan and I’m purchasing a manufactured lot as a temporary home/future ADU to my final build.
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15 January 2025 | 12 replies
In future if you are refinancing I would sometimes look to pay a higher purchse price but have seller concessions to bring the price down on paper but not for comp purposes.
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4 January 2025 | 5 replies
If rates go down in the future, we likely will have another run up in prices, so it might be worth it to Airbnb while waiting that out for a couple of years.
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5 January 2025 | 18 replies
It's not just shorter-term downturns to be aware of, real estate just like the stock market can experience 10 year periods of no growth. https://fred.stlouisfed.org/series/csushpinsa
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19 January 2025 | 354 replies
Looking into the future, after we stabilize our current portfolio of loans we intend to start looking for new opportunities on highly discounted distressed debt which fall out from the pandemic.