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24 October 2024 | 14 replies
I've been considering trying to build one on a plot lans but I'm having a tough time determining construction costs, and financing options.
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25 October 2024 | 8 replies
Talk with an investor friendly mortgage broker to determine your budget for a single-family and a small multifamily property.
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23 October 2024 | 22 replies
How should one determine when they are ready to take the first steps in real estate investing?
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25 October 2024 | 22 replies
Sounds like you're in a great industry with flexibility and the determination to hit your goals!!
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25 October 2024 | 13 replies
A DSCR of 1.25 or higher is usually required.Property Appraisal: A professional appraisal to determine the property's value and income potential.Business Plan: Lenders may require a detailed business plan outlining your strategy for managing and profiting from the property.Experience: Demonstrating your experience with smaller multifamily properties can be beneficial.
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24 October 2024 | 5 replies
.- Appraisal Fees: Necessary to determine the property’s market value.- Closing Costs: This can include various fees related to finalizing the loan, such as recording fees and settlement costs.Inspection Fees: If required, this ensures the property is in good condition before purchase.It’s a good idea to discuss these potential costs with your lender upfront to get a clearer picture of what to expect.
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24 October 2024 | 7 replies
You're absolutely right—the location plays a significant role in determining the best style for a fence.
24 October 2024 | 18 replies
The Supreme Court was very clear on these clauses: We determine that because the lease includes a provision in violation of § ATCP 134.08(3), the landlord, Baierl, may not enforce the lease against the tenants.
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25 October 2024 | 8 replies
For example:Task Estimate % Certain Low Estimate High EstimateDemo $1,000 80% $800 $1,200Roof $8,000 90% $7,200 $8,800Construction $8,000 80% $6,400 $9,600Misc $4,000 90% $3,600 $4,400--------------------------------------------------------------------------------------------TOTAL $21,000 $18,000 $24,000For me this is useful to determine a good deal because if the high estimate is still good I know that even if everything goes poorly it will still be ok.
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17 October 2024 | 7 replies
I'm a 24-year-old man that's determined and ambitious and that wants to be extremely successful in all endeavors of life.