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17 February 2025 | 4 replies
I'm also new and it looks like we swapped 😂😂.
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17 February 2025 | 4 replies
Then get a GC to give you a tight proposed budget to restore this old beauty back to it's former glory.This sounds like a $200k - $300k remodel at least.
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4 February 2025 | 18 replies
Doesn't sound like it makes sense.
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11 February 2025 | 2 replies
For multifamily, target markets with strong rental demand, value-add opportunities, and creative financing options like seller financing or private capital.
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13 February 2025 | 3 replies
The area has seen growth in both the residential and rental markets, making it a potentially lucrative investment.For financing, you can explore options like conventional loans, FHA loans (for owner-occupied properties), or even local programs that might offer lower down payments for investment properties.
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6 February 2025 | 4 replies
There are also online platforms that will handle managing security deposit compliance, refunds, etc. like rentable.com
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11 February 2025 | 0 replies
In my limited understanding it seems like the aforementioned brick needs to be reattached.It is my belief that the damage to the lintels, bricks and the internal water damage is due to the roof.
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4 February 2025 | 13 replies
Here’s why Oklahoma might be a great market for you:Affordability: Properties in OKC and Tulsa are often under $200K and offer strong rent-to-price ratios.Landlord-Friendly: Simple tenant laws make managing rentals easier.Growing Economy: Job growth in energy, tech, and aerospace fuels rental demand.How to Evaluate Deals:Run the Numbers: Ensure positive cash flow, check cap rates (6–10%), and use tools like the BiggerPockets calculators.Find Deals: Network with local wholesalers or agents, and look for value-add opportunities in stable neighborhoods like Edmond (OKC) or Broken Arrow (Tulsa).Let me know if you’d like tips on analyzing properties or finding deals!
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24 February 2025 | 29 replies
If you cannot google and find a lender then there is most likely a reason why you cannot find a lender to do the loan.Finding a lender today is like finding a mcdonalds, they are all over the place.
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24 February 2025 | 16 replies
Quote from @Mike Klarman: For a guaranteed 10% down program you'll need good credit and 3+ experience but then with closing costs it will be more like 15% and then holding costs and such.Â