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13 November 2024 | 13 replies
These loans often have more straightforward qualification requirements for investors with multiple properties but may have slightly higher rates.Cash-Out Refinance on Your Single-Family Rentals: If each has around $70k in equity, a cash-out refinance could provide some capital for the down payment, renovation costs, or even help you buy the 4-plex outright.FHA 203(k) or Conventional rehab loan: If you’re planning to occupy one of the units as a primary, FHA’s 203(k) loan or a conventional renovation loan could help with purchase and rehab costs at lower interest ratesPortfolio Loan: Some local banks may offer portfolio loans for investors with multiple properties.
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11 November 2024 | 5 replies
Quote from @Bryant Brislin: Land in the path of development that may seem a little far out, but your gut/intution and common sense from an urban planning perspective tells you that some day, whether it's in 10 years, 20 years, etc it will be a great long-term position for your family to have and hopefully sell at a signifcant multiple return compared to what you've paid for it.
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13 November 2024 | 24 replies
If there are multiple doors then I'd just lock it in a way that makes the door unusable
15 November 2024 | 14 replies
Consider buying multiple units, partnering, and diversifying income.
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13 November 2024 | 7 replies
Where an exchanger will purchase multiple replacements.
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6 November 2024 | 6 replies
At the same time, talk to multiple lawyers in your area--your area--that specialize in evictions and are in that court room ---your specific areas court room--all the time.
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11 November 2024 | 8 replies
The biggest ways IMO are MLS data, multiple solutions for sellers (off market cash deal or listing), ability to rep. yourself on your own deals (saving on commission).Commission savings adds up fast when you're doing multiple deals a year.That being said, there is cost to having a license so if you're only doing a couple deals a year then it might not make as much sense.
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6 November 2024 | 5 replies
HelloIf I get the duplicated house information from two agents and I go for one of them, would it be unethical? Or does this happen so often and they really dont care?
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14 November 2024 | 10 replies
One is a flipper who has multiple projects closer to E Stroudsburg.
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17 November 2024 | 5 replies
We own multiple commercial properties in our portfolio across several states (both local and not local), that we self manage, so that part I am not worried about at all.