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22 September 2024 | 5 replies
However, this comes with the risk that market conditions or interest rates could change, making refinancing or selling more challenging at that time.On the other hand, a conventional 30-year mortgage offers long-term stability and predictability.
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22 September 2024 | 41 replies
You'd think STR would cause more wear and tear, but the host has to keep it up in great condition to get 5 star reviews.
22 September 2024 | 13 replies
I think it depends on a lot of thing-how many properties, condition of properties, etc.
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20 September 2024 | 12 replies
It really depends on the type of property, location, and condition of the house.
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24 September 2024 | 19 replies
Thanks for adding about the condition of the construction.
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21 September 2024 | 7 replies
My llc owns the house and I hoped to rent it, but market conditions are not favorable and I’m changing course to selling.
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20 September 2024 | 2 replies
Each case/scenario could be slightly different so the advice received here on BP may not be 100% accurate for each specific condition.
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20 September 2024 | 9 replies
Hello everyone, I've done 3 buy and hold rental properties, and now I want to do flips, I need investors and I have some that have shown interest, in addition to speaking to private lenders that are willing to fund 70% of the LTV (based on the desired property)I'm seeing a lot of deals from wholesalers, but the problem is, some of them close in 2 weeks and some as long as a month, and they don't take conditional offers, and the good ones fly off the shelf really quick.My question is, how does someone like me close one of those deals within this short period, how do you arrange the equity and financing with little to no inspections sometimes even.I'd like to know how do I prepare myself to be able to close one of these good deals right away when they are offered to me and many others?
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23 September 2024 | 25 replies
You can identify the hotspots for crime, school levels, income levels, where there is dilapidated homes, then based on the age and condition of the property gauge where the property stands in class, happy to talk further.
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20 September 2024 | 73 replies
For example, if you plan to buy a home with a mortgage but you fail to make financing one of the conditions of the sale--and you aren't approved for the mortgage--you can lose your deposit on the home and could even be sued by the seller for failing to fulfill your end of the contract.An experienced real estate agent deals with the same contracts and conditions on a regular basis, and is familiar with which conditions should be used, when they can safely be removed and how to use the contract to protect you, whether you're buying or selling your home.4.