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25 October 2024 | 11 replies
I’ve used ChatGPT to draft both, but I’d appreciate any advice on how to ensure these contracts are legally sound and ready to use with sellers and buyers.Thank you for your time and guidance!
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23 October 2024 | 10 replies
Factor in the down payment, closing costs, and potential renovations.Cash Flow Analysis: Ensure the rental income from both units will cover your mortgage, taxes, insurance, and maintenance costs, leaving room for profit.
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22 October 2024 | 8 replies
A professional can ensure everything is done correctly and help you avoid any costly mistakes.
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22 October 2024 | 0 replies
The challenge here was ensuring everything was aligned for a same-day close, but with proper coordination, we executed it flawlessly, reinforcing our ability to manage fast-paced deals effectively.
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22 October 2024 | 0 replies
Our team quickly worked with the seller to ensure a smooth and fast transaction, aligning with the strategy of a quick sale.
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23 October 2024 | 8 replies
And if it doesn't cash flow at 75% LTV, then they would only lend 65% or 60% or whatever it is to ensure it cash flows.This is why, generally speaking, these days it makes more sense to house hack or flip.
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21 October 2024 | 2 replies
Build a real estate network, evaluate potential properties, and use the 50% rule to ensure they cover your mortgage and leave positive cash flow.Good luck!
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30 October 2024 | 236 replies
You have to have the staying power to ensure you’re still “in the game” after a bad run.
21 October 2024 | 1 reply
This cost is typically 0.5% to 1% of the loan amount.Title search and title insurance: The lender carries out checks to ensure no issues with the property’s title, like a tax lien.
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24 October 2024 | 12 replies
It would also give you more control and flexibility in how you manage your properties while ensuring you can take full advantage of tax deductions available to businesses.