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19 February 2025 | 6 replies
An agent can represent a seller or a buyer even if they don't own the property, but they have to have the owner's approval.If the "seller" doesn't meet deadlines, it's probably a wholesaler who is having diffculties of some sort with the actual seller.So, either I misunderstand what is actually going on, or some information has not been conveyed.
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8 February 2025 | 7 replies
Good morning @Joshua MartinGreat thing about a VA mortgage is you can do an IRRRL even after you have moved out of the property!
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5 February 2025 | 5 replies
Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.
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10 January 2025 | 7 replies
I enjoy college football, video games, and lifting weights.
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27 January 2025 | 5 replies
I am looking to connect with the investors there as the promotors are continuing to take Asset Management fees to the tune of $450K a year (on top of PM fees) even when their payout to the investors is around $20K a quarter (not meeting preferred) and the overall fund is negative about $450K.
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13 February 2025 | 8 replies
Even after one year, that property may provide thousands of dollars worth of appreciation, you will pay down your loan and build some equity, and you can depreciate the asset.
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15 February 2025 | 10 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
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1 February 2025 | 3 replies
Hi Even,I don't know about DPA and Grants but I do have a great program with only 3 precent down and low interest rate.
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30 January 2025 | 62 replies
Why even have licenses?
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6 February 2025 | 11 replies
With 56% appreciation rates in less than 10 years, even the stock market can't beat North Carolina!