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12 August 2018 | 4 replies
You should be calling the shots and using whichever agreement you’re comfortable with.
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23 August 2018 | 17 replies
Yep, with a purchase it’s 80% of the purchase price, or appraisal, whichever is lower.
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22 February 2021 | 12 replies
After 2026, I believe the QOZ designation goes away, but any investors who invested in these properties will still receive the tax “benefits “ up until 2047 or until the property is sold, whichever comes first.
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1 March 2019 | 3 replies
Also, No payments due until I decide to refinance/sell or when it expires (5 years) whichever comes first.
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4 March 2019 | 20 replies
They were maybe taken with just a cellphone, and the phone was not even held sideways.
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6 March 2019 | 7 replies
.$95,000.005 years$2,000 a monthShould I request some equity percentage like 50% when the sale happens or cash out refinance to pay back the principal in 5 years which ever happens.
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11 March 2019 | 12 replies
Once your team is established and you have one or two purchases under your belt, then you may want to start looking at increasing your risk tolerance a bit and looking at gentrifying submarkets within whichever designated city.Also, stay in touch with your agent or wholesaler and stay top of mind.
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11 July 2019 | 18 replies
But I try to be there at least once a month to put eyes on everything.Getting your ranking up on whichever platform you use is going to be really important IMO.
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9 October 2017 | 4 replies
I would probably choose whichever is in the best neighborhood/area to thus attract the best tenants.
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15 October 2017 | 21 replies
But if they are seeking to hold a property for any length of time and want their cash investment back there are some important rules to understand with conventional loan:If you buy a property with cash (or with a HELOC) you can receive a cash out loan on Day 1.There is not a 6 month waiting period with receiving a cash out loan if you purchased a home with cash or with a HELOCBUT you will be limited to the amount of....Your purchase price + closing costs (costs when you purchased the home)OR75% of the “After Repair Value”...WHICHEVER IS THE LOWER AMOUNT (super important)These rules are important to understand so here are two examples:Example 1: If you purchased a home with $50k of cash, and put $30k of renovations into the loan, and the home was worth $100k. 75% is $75k and $50k is your purchaseprice.