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12 January 2025 | 10 replies
I am sure the interest in that hard money isn't great.All DSCR loans I have seen require at least 12 months.
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20 January 2025 | 11 replies
Also be cautious for you partner certain activities do require a real estate license.
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17 January 2025 | 19 replies
We still require a deposit plus the first month to move in.
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18 January 2025 | 36 replies
Maybe something along the lines of your insurance company requires the heat to be set at certain temperatures or they won't cover a damage claim etc.This way you are telling her there is nothing you can do it about it.
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14 January 2025 | 3 replies
I have 0 experience ground up construction loan program nationwide that does NOT require GC to sign anything, only provide proof of 3 C/O's (certificate of occupancy) over the last year I.e. built received occupancy permission now unit is on market or habitable. 700+ FICO I can get you 80%LTC loan to cost on the project on ground up construction for 1-4 units.
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16 January 2025 | 2 replies
Does it require a highway occupancy permit if its on a state road, in my area it cost me around $1000 just to get the permitting and design for my driveway entrance.
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14 January 2025 | 10 replies
Due to item 1, adding an ADU can require years to start achieving any return (once the accumulated cash flow recovers the initial negative position).4) Adding an ADU is a slow process.
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11 January 2025 | 13 replies
Hi @Frank Pyle,**I am not affiliated with any of the companies mentioned**To secure long-term financing for your Airbnb, look for DSCR lenders that accept pro forma income instead of requiring 12 months of rental history.
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13 January 2025 | 0 replies
We purchased 133.7 acres January 20th of 2024, we then proceeded to subdivide 4 building lots, ( two 10 acre lots, and two 2 acre lots) which included costs associated with septic testing, survey & subdivision, and property maintenence required to market the building lots.
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3 February 2025 | 31 replies
Utter blasphemy, only "unsophisticated" investors buy in cash.An experienced investor once told me "why use my cash, when I could just default on OPM" I know its not popular thought on BP.. and of course ramp up requires it unless you inherit a ton of dough but as we age out I sure like free and clear and no debt.. just the hassle factor of having to make payments :)