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27 January 2020 | 15 replies
This is to fulfill the "intent to live" for one year condition for the FHA loan.The reason I am posting this is because I want to find someone who can criticize//support me in these ambitions.
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19 June 2020 | 71 replies
My preference is to model a 5-7 year hold with a sale in that period, but if I can fulfill the business plan and keep the property, I am going to.
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27 January 2020 | 8 replies
If you don’t/can’t fulfill this obligation for any reason, your lender’s recourse would be to sue you in court and obtain a judgement.
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28 January 2020 | 6 replies
If they do not fulfill the terms of the lease or the business fails you have a lease with X number of months at a specific rental rate that they are responsible to pay.If you want to participate in helping them convert your property first you must determine home much you are willing to spend.
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4 March 2020 | 3 replies
It'd be awesome to become an agent/general contractor/property manager and making BRRRing my job.I've learned most of what i know from BiggerPockets books (book on rental prop investing, set for life, long distance real estate) and the forums.
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26 February 2020 | 10 replies
I highly suggest making the connection with 1 local agent, that will be a lifelong asset.
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25 February 2020 | 3 replies
I want to pick one of three ways to get into buy and hold, seller finance, and fulfill my big picture goals.My niche will be BRRRR with the intent of finding tenants open to buying via owner finance at some point, in order to get out if full time landlording multiple properties, but still have cash flow.
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25 February 2020 | 4 replies
It's incredibly shortsighted to depend on the government to fulfill their side of that bargain.I absolutely believe that student loan debt combined with millennial behavior in general (less desire to settle in one place permanently, more job-hopping, greater focus on experiences rather than material possessions) will impact the housing market.
1 April 2020 | 4 replies
@Rudy TateI just got this from fundrise:Fundrise Advisors, in our capacity as Manager of the eREITs and eFunds, has determined that it is necessary at this time to suspend the processing and fulfillment of redemption requests.While under normal market conditions, we seek to provide investors with the ability to redeem their investments on a regular basis, during times of financial crisis or extreme uncertainty, it is absolutely critical that we suspend redemptions in order to protect the interests of all our investors.As Manager, we have an obligation to make decisions based upon what is best for the entire Fundrise investor community and must always put the priorities of the whole above any one individual.Fundamentally, Fundrise investors own real property, which is simply not liquid.
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4 March 2020 | 4 replies
I am a lifelong entrepreneur and have owned and operated multiple franchises and a couple of other businesses throughout Indiana, so I can also offer advice to entrepreneurs who are looking for insight as they are starting their own business.