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18 February 2025 | 14 replies
That someone is going to deliver to you, on a silver platter, a property purchase you can simply say "yeah, sure, I'll take that" where you do some paint, carpet, little cleaning and tidying and turn around and clear a $100k?
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17 January 2025 | 37 replies
On a Fix and Flip Loan, Max LTC is 90%, 100%Rehab, 90% Property Purchase on Value.
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5 February 2025 | 4 replies
I have helped many new investors purchase their first property in Memphis and LIT.
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4 February 2025 | 17 replies
The purchase contract makes the buyer legally responsible for the loan.
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4 February 2025 | 3 replies
I want to purchase my second property within 4-6 months of moving into my multifamily house hack, but looking for a guidance on the strategy to do so.
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30 January 2025 | 8 replies
Step 1: Get preapproved for an FHA loan for the purchase price you are looking for.Step 2: Connect with builders until you find a few that will finance the construction of your home.
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16 January 2025 | 8 replies
If it is a emotional support dog (basically a pet with papers they buy online, mostly to find a way to get a pet into a rental), ask for documentation from a local medical professional (NOT anything online).
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28 January 2025 | 7 replies
The only two ways to rectify this are (1) purchase the property far below market price or (2) significantly increase the property net income usually through some method of “repositioning”.
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28 January 2025 | 8 replies
So, you can do a land contract for 12 months, which should allow lender to credit you full value of the land vs the purchase price, but the loan will pay off the land contract, so the lender maintains first lien position.Can't help you with the rest of your question, but you should be able to search for "CPA" here on BP to find experts to reach out to.
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4 February 2025 | 18 replies
The rule of thumb for me used to be that the property needs to be able to do 20% of the purchase price in gross rental income.