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12 December 2024 | 7 replies
Your profile mentions that you are an agent with rentals.You would want to see if you are able to claim real estate professional status.If you are able to claim real estate professional status, you can potentially offset the rental losses with your real estate agent income.Furthermore, TN does not have a state income tax allowing you to be more open with your options.Best of luck
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14 December 2024 | 8 replies
Some states require 2-3 years’ experience as a loan officer first along with you need to open or rent an office space (brick and mortar).
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17 December 2024 | 42 replies
If they would open it up to dealing directly with the bankers, the speed of the recovery would pick up steam very rapidly.
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15 December 2024 | 18 replies
I have a few reasons for this. 1) We are both self-employed and our income is inconsistent. 2) We don't want to impact our DTI, because we are planning on buying a house hack within the next year or so.We would be open to going up to 6 units for our first property as long as it's within budget.Now that you have some context, is it possible for a rookie to use a DSCR loan on a duplex or triplex?
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21 December 2024 | 20 replies
Are you open to Section 8 rentals or do you want to stay away from that?
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16 December 2024 | 4 replies
Since you've stayed there and the lot is open, I see the lure, but any time I see something like this - "This is a pure emotional type of investment and I want to honor it."
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18 December 2024 | 11 replies
Underpriced properties get scooped up within the first week—often before the first open house.
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13 December 2024 | 9 replies
Here are some other strategies:Investor Networks: Share through local REI groups or investor meetups in Colorado and Ohio.Direct Outreach: Use mailing lists or email campaigns targeting known investors or real estate firms.Social Media: Post in real estate forums or Facebook groups for investors.Websites for Property ListingsRoofstock: Specializes in selling single-family rental properties to investors, offering built-in tools for analysis.BiggerPockets Marketplace: A hub for active real estate investors, perfect for promoting rental properties.Auction.com: If you’re open to auctioning properties, this platform reaches a broad investor audience.RealtyMogul: Offers connections to individual and institutional investors, especially for multifamily properties.MyHouseDeals: Focused on connecting with investors looking for fix-and-flip or rental properties.Zillow Rental Manager: While more general, it can still attract landlords looking to expand portfolios.Mashvisor: A great platform to market properties with detailed cash flow and rental projections.PropertyShark: Targets real estate professionals and investors with access to detailed property data.These can help you reach a broader audience and possibly sell faster.
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15 December 2024 | 4 replies
List the property on MLS or with a trusted real estate agent, and market aggressively through social media, local advertising, and open houses to generate interest.
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16 December 2024 | 6 replies
Hello Jaycee, Open to most areas other than north city.