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30 August 2021 | 2 replies
Let's say someone has a solid nest egg ($500K) of assets but is currently unemployed, is it still possible to get a loan for say, a multifamily property?
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9 September 2021 | 4 replies
., how far away you are, how much time you have to devote to the property, managing service calls, going there if necessary, ability to do your own work, etc.So that's something you'll really need to decide for yourself - though I would say as a new person, you should expect that you'll be there a bit more than you "imagine" you will be (at least that was my experience when I was new 15+ yrs ago).If you do decide to hire it out, I can recommend a couple of local companies.
31 August 2021 | 11 replies
Hard to say. A
30 August 2021 | 1 reply
If it's mostly school debt for someone who is, say, a medical student or newly practicing doctor or surgeon, I'd consider renting to them.
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8 January 2022 | 14 replies
Effectively, it's like making extra payments on a mortgage, except you can then pull the money back out when, say, a credit card comes due.
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1 September 2021 | 17 replies
Typically if I find a rental property, say a duplex worth 100k, I find a mortgage, at a rate at say 5-8%, with 20% down. estimating it to cost 1-3 points.
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6 September 2021 | 2 replies
I spend countless hours perfecting my craft.I can't say a pro in underwriting and I am getting there.
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6 September 2021 | 1 reply
@Amy Raye Rogers would you say a "Personal Coach" is the same as a "Mentor."
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6 September 2021 | 1 reply
In general, when you say a house was flipped, people put their guard up, or they get stand-offish, or sometimes angry.
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8 September 2021 | 17 replies
I will say as an investor that this depends on the market.