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23 December 2024 | 3 replies
Typically looking for max ARV at or below 65%
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30 December 2024 | 7 replies
Do a search on google, syndication websites, reddit, etc2) research the rang e of return for that type of investment.if the typical return is about 8% to 12%, I would be skeptical if you were getting offered a 24%+ returnBest of luck!
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24 December 2024 | 7 replies
As @Julia Lyrberg noted, MTRs typically rent for more than LTRs, as they should for a furnished home with utilities included.
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11 January 2025 | 420 replies
In Canada you can typically prepay whenever you wish and, provided you do not exceed the annual "prepayment limit" under the conditions of the note, you will suffer no penalty.
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26 December 2024 | 9 replies
Mine typically do provide pictures of anything observed to be out of the norm when they arrive at the property to clean.Sorry for the confusion!
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21 December 2024 | 14 replies
If so you may have some full doc options which have the best rates typically and terms.Like others have mentioned you have DSCR loans too but this only allows you to purchase non owner occupied properties (not primary residence or second home occupancy type properties).
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23 December 2024 | 15 replies
Giving them a laundry list of items will typically just overwhelm them and create more confusion instead of giving them a smaller step process to get more confidence to get the ball rolling and then they can get into the weeds on their state when they get the contractors out there, have local bids come in, and dial in their plan.
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24 December 2024 | 5 replies
All the other fancy ways people try and get creative with owning something typically only costs you money and provides zero benefit.
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6 January 2025 | 25 replies
Hey @Marie Copul, since you want to leave your job, I recommend focusing on a high cash flow business model within REI to begin with before getting into the lower cash flow (wealth building) models.So, flipping and wholesaling are the typical high cash flow models within REI.
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27 December 2024 | 16 replies
They can help assess the market value of the property, considering its condition, and suggest the best sales strategy.Direct to Investors or Wholesalers: While 'we buy ugly houses' companies often offer below-market rates (as they typically look for deeply discounted properties), reaching out to local real estate investors or wholesalers could be a worthwhile option.