17 September 2024 | 4 replies
The easiest way to ask a buyer is to visit large footprint new home builders model homes.
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17 September 2024 | 4 replies
Quote from @David Ramirez: Call remodeled comps in the area that has been bought and sold within a year Especially for this method, you can paste the addresses in propwire and look in the chain of title to see the last owner before it was sold after being fixed up.
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18 September 2024 | 7 replies
The important language in your reply is "on their behalf" -- redirecting the principal's funds is not acting on their behalf.Seems to me the smartest/easiest way to deal with lender escrow accounts is to have that feature eliminated from the loan ASAP in the subto process... preferably immediately after an annual tax disbursement reduces the account balance to a low point.But yes, when the principal dies so does the power.
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17 September 2024 | 38 replies
Massachusetts is not the easiest to evict and the process can be long.
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17 September 2024 | 8 replies
Cold calling is only one marketing method.
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17 September 2024 | 19 replies
But hey its money whether its a living is another matter For the future I am switching to the buy it off the market and put it on the MLS with a realtor method.
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20 September 2024 | 15 replies
I would consider doing vanilla long-term rentals, but I think I want to do the BRRRR method, as scaling will be a challenge for me without it, I feel.
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16 September 2024 | 16 replies
The easiest way to think of the draws is like a reimbursement where after you complete work on the property, the lender sends out an inspector to confirm that work has been completed then gives you funds according to what has been done.You should be using a lender for the purchase as well since purchase and rehabs offer the highest % of purchase price.
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21 September 2024 | 33 replies
You listed two but in broader terms financing (assumable, owner financed, sub to, fha, new 95% OO LTV that in most ways is superior to FHA, dscr, F/f conventional, NACA, VA, etc), value adds (development including ADU, upzoning, traditional rehab, sophisticated value adds that leverage localized rules, coop/tic, etc), property types (residential, commercial residential, land, storage, MHP, industrial, office, camping, hotel/motel, etc), passive/active investment methods (GP, LP, REIT, nnn, self managed, pm, flipping, mineral right, lumber rights, etc), residential rent models (LTR, STR, MTR, rent by room, student housing, arbitrage, etc).
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16 September 2024 | 8 replies
Using a private lender would probably be the best and easiest option in this scenario.