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7 January 2025 | 5 replies
Often times investors will plan seller financing strategies before asking the owner if its even on the table.
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8 January 2025 | 1 reply
Once you go under contract, (here in Texas) fine a title company that works fast that you can trust, even before the contract is assigned know if they work with wholesalers and how they can help you.
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3 January 2025 | 8 replies
In our market, even 6.5% would make cash flowing deals possible for us at purchase (with rent increases to market).
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10 January 2025 | 6 replies
If you are in the Seattle market the better, even better in the burien market, but all are absolutely welcome because no matter where the project is, a house is a house. looking forward to hearing from all of you!
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13 January 2025 | 14 replies
If you are moving from your SFR to another property, then you should be able to get a 5% down loan or even 3% if it's FHA. 25% is only if you won't be living in the property in my experience.
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11 January 2025 | 15 replies
PIf it didn't smell when the tenant moved in, and if the trap hasn't dried out from non-use (or even if it has), then the tenant probably caused the smell.
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10 January 2025 | 2 replies
Common deductible expenses include mortgage interest, property management fees, repairs, and even travel expenses related to property management.
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7 January 2025 | 7 replies
Also, having a rehab budget already laid out with explanations on how you got the numbers would help and is definitely a plus when I look at deals even though I typically wont use their numbers it at least shows a little more effort.
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3 January 2025 | 7 replies
Even if you rent at a break even or slight loss, if you could have 3 years of rental income offsetting your mortgage while realizing 3-6% appreciation, could be worth it, especially if you think appreciating for this area will exceed national averages.
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14 January 2025 | 9 replies
A HELOC comes with a variable interest rate and all signs are pointing to no further Fed rate cuts in 2025 - and there may even be rate increases.- So, you may want to consider locking in an interest rate via a 2nd mortgage.Do you have reserves for unexpected expenses?