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19 February 2024 | 12 replies
Despite a 17.7% year-over-year decrease in home sales as of September, median home prices have risen by 5.3% to $234,700.
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19 February 2024 | 12 replies
Is this for vacation, temporary living, etc.
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23 February 2024 | 387 replies
Eh, its never bad to decrease leverage a bit, especially at this point in the business cycle, we're just under 40% levered & don't have any complaints or worries.
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18 February 2024 | 31 replies
You can also find people that are going through claims on their homes and need temporary housing.
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18 February 2024 | 54 replies
Or god Forbid you put some equity into the deals.. the idea that you can buy reahab and refi and not have any money in the deal works in very specific markets it simply does not work in most though so you dod the deal and maybe you get 70 or 80% of your cash back if you want to break even or cash flow positive.. if you want all your money back then U take negative cash flow until you refi and rents rise both might happen in a few years.. so temporary negative cash flow.Virtually every investor on the west coast that is paying wholesalers or off MLS etc with all money returned on refi or minimum down will be negative cash flow for a few years.. but then appreciation kicks in and thats were real wealth is created not making 200 a month.
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20 February 2024 | 24 replies
Increased down payment amounts can lead to decreased monthly expenditures and even positive cash flow, particularly if the majority of the mortgage payment is covered by rental revenue from the other property or units.Market circumstances: Assess the Dallas/Fort Worth area's real estate market circumstances as of right now.
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18 February 2024 | 4 replies
I would use the sub to as temporary financing.
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18 February 2024 | 7 replies
it was just a temporary quirk when rates were low. if your mortgage payment net of rent is equal to or less than what it would be renting, it's a better choice.say you could A. rent for $3000, or B. have a $5000 mortgage and collect $2200 in rent.
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17 February 2024 | 2 replies
If you're consistently putting in the time & work while growing as a professional,.. this delay in payment will be temporary.
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17 February 2024 | 2 replies
A lot of homeowners will get scared away and it tends to decrease the value of the home if there's anything foundation related in general.