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16 January 2025 | 1 reply
In-town, mostĀ properties don't meet the density/saturation requirement.
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12 January 2025 | 8 replies
Also when you are under contract and get condo docs, make sure to read the meeting minutes (for the past year if available) they will indicate if there are any talks of an upcoming special assessment (which you don't want).
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19 January 2025 | 354 replies
I suspect AHP has most of its investors capital deployed into these type of assets and now it's jumping through major hoops to meet their capital requirements.
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10 January 2025 | 6 replies
Going to networking events is a great place to meet people.
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8 January 2025 | 6 replies
Iād definitely be interested in learning more about it.When and where are the meetings usually held?
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9 January 2025 | 13 replies
People who want to do multi-family deals of all sizes but I have yet to meet anyone who have similar ambitions all-be-it this is my first post as such.
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12 January 2025 | 3 replies
Meet with a local banker & schedule a time to talk with a mortgage broker, they'll give you at least a baseline of what kind of down payment options and rates are out there.After that, if you're still wanting to research more creative options, do some looking into seller financing (a very hot topic with good, and bad, advice out there), look into private lenders, and commercial financing options.If you're wanting to live in 1/4 of your quadplex, then conventional residential loans may in fact be your best option as you can purchase that with a fannie/freddy loan with very low down, and use up to 75% of the income from the property toward your own income.Ā
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19 January 2025 | 9 replies
My business is built around doing deals for out of state investors and my mind is BLOWN by how many flat out refuse to come visit, meet our staff or walk the property that they bought and we are rehabbing for them.
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23 January 2025 | 15 replies
They do not offer every bank or lender out there or the lenders would never get a lead.When I say FDIC what I mean is "Fully Delegated" and not just Full Eagle where FDIC Mortgage banks have better rates (which they do) becauseĀ retail it's or wholesale and not selling the loan to meet a branch bucket or Loan officer compensation plan.
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11 January 2025 | 9 replies
To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!