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6 January 2025 | 14 replies
If you take the heloc to pay off siblings, I would still offer a big "Cash Now" discount so that they get paid quick.
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11 January 2025 | 4 replies
@Bridget HustonWelcome to the community and be ready for a huge amount of information at your finger tips.
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20 January 2025 | 9 replies
I have never been disappointed and have actually thought he pays an extreme amount of attention to my needs for the price he charges.
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17 January 2025 | 35 replies
When I drive for dollars, I just take notes of the addresses in my phone and add them to my propstream lists later.As for cash buyers, I don't think there's such thing as too many buyers on your buyers list, although you do only need one to close a deal.
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21 January 2025 | 10 replies
In fact I had one done that size over the summer from some real slobs who moved out, and it required an inordinate amount of deep cleaning including almost one full day just on the filth of the kitchen floors, and it was $400.
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14 January 2025 | 5 replies
There are two types of return from a rental propertyCash Flow & Appreciation.I normally also aim for a minimum of 8% return between Cash-Flow and Appreciation.Appreication, nationally, is around 2% to 3% annually.Therefore, your goal is to get the cash-flow to be about 5% to 6%.The issue is interest rates being very high, you would therefore, need to buy at a pricepoint where the numbers still make sense.You can always put down more of a downpayment to cash flow, but that will impact your cash on cash return calculations.Best of luck!
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14 January 2025 | 15 replies
Not possible, 85% max LTV on a purchase or straight refi, 75% max LTV on a cash out refi.
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16 January 2025 | 78 replies
I bought this home in 2013 and also did a cash out refi during COVID so buy interest rate is 3.875%.
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22 January 2025 | 6 replies
If you need an option that isn't as document heavy, a DSCR cash-out might be a viable option if it's an investment property.
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20 January 2025 | 12 replies
There's also a good amount of manufacturing hubs here.