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13 January 2025 | 5 replies
They do seem possibly open to seller financing the difference of $172K.
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7 January 2025 | 0 replies
The HML covered 100% of the $32,500 rehab budget through drawbacks.Refinance: Post-rehab, I refinanced into a primary mortgage, creating 25.5% equity in the property.Future Financing: I plan to leverage the property with a HELOC to access up to $86,000 in capital for future deals.
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24 January 2025 | 12 replies
Rent in the neighborhood is $895 for a 2 bedroom, 1 and 1/2 bathroom, so for 4 units it will total up to $3,580 ($1,073 difference).
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20 January 2025 | 10 replies
Now we are mostly scaling our business with larger communities but I've used many different creative finance strategies including seller finance, private lending, hard-money, collateral from other properties, and lease-options.
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8 February 2025 | 49 replies
Maybe in different markets you could find $300/door but I think it is going to be difficult as a beginner.
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25 January 2025 | 5 replies
this is the distinct different between being an actual lender like a bank .. and an investor in a fund.. two very separate transactions.. when you lend and receive collateral on the asset you get paid when it pays off or the borrower refinances etc.
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19 January 2025 | 2 replies
If you are hiring a PM, then it's not a big difference either way, but if self-managing you don't want to go much bigger than you have been or you may not be able to do all the work.
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30 December 2024 | 7 replies
Quote from @Nicholas Dillon: Hey guys,I own 2 LTR properties, plus my primary home that I rent out half of the year while I live in Indonesia with my wife, who is Indonesian.
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11 January 2025 | 14 replies
Primary issue I see is being priced too high for the current market by a few hundred dollars.
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15 January 2025 | 3 replies
@Bayo Badejo Agreed, that Zip touches a lot of different areas, from the national park to south of exchange.