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8 December 2024 | 7 replies
Also, the banks that did approve me told me that they could only use the rental income from the other units (75% of it) for an FHA loan, not a conventional with 5% down (which was my goal to avoid upfront PMI and have it automatically drop off at 78% LTV).
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15 December 2024 | 25 replies
I don't know of a way to avoid that if that's the data format they want to use.
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16 December 2024 | 35 replies
I tried to set up quickbooks online, but without paying $720 a year for the ability to do class tracking, it seems like it wouldn't be as beneficial.I know there are other tools out there more geared towards real estate like xero, etc, but I'm still trying to avoid paying so much every month.Has anybody used realtyzam or rentalhero (rentalhero.io) they seem to be linked?
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9 December 2024 | 0 replies
Staying on track with timelines was crucial to avoid unnecessary holding costs.
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11 December 2024 | 10 replies
To avoid problems, it’s best to add these locks after the appraisal on a turnkey purchase or after the refinance is complete.Also, most DSCR lenders will assess the property’s market rent as a single unit rather than the combined rents of individual rooms.
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31 December 2024 | 97 replies
I understand this isn’t a huge deal, but in all that I’ve done I’ve avoided issues like this.
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11 December 2024 | 6 replies
This is something you want to avoid.
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11 December 2024 | 12 replies
With expert guidance, tailored training, and a supportive community that will align you with the tools you need to fast-track your success and avoid common pitfalls.
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10 December 2024 | 22 replies
you may find it beneficial to avoid paying lender fees over and over again, on 3 properties though if you go with a lender that doesn't charge a ton of junk fees then you'd save doing it separately.
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15 December 2024 | 30 replies
He is from Northeast Ohio, went to Central Ohio, and is back on the east side of Cleveland.