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10 January 2025 | 7 replies
Bank financing is very tough for anyone starting out so HML is generally ( unless you use your own cash or cash in your network) the only funding there is.. the goal has to be though moving towards bank financing so you get the best deal possible.. right now I am at 1/2 point and 7% and my bank pays for my appraisals.
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15 January 2025 | 10 replies
For this reason, I teach people to set policies for renting to unrelated individuals.
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2 January 2025 | 4 replies
These options could provide flexibility with your upfront costs and monthly payments.Expand Your Search Radius or Property Type:If you’re set on a single-family home, you might find more affordable options by expanding your search to nearby areas in San Diego County or by considering properties that need a little TLC.Partnerships:Partnering with another investor or family member might be a way to pool resources for a purchase.
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12 January 2025 | 5 replies
I have great lenders and property managers I can refer you to.In Cleveland, it all depends on what your goal is.
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18 February 2025 | 35 replies
But there are many things that can be done to greatly reduce the chance.For example, many sponsors are audited which provides an additional set of eyes.
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18 February 2025 | 51 replies
The surrounding towns are a popular choice for families looking for a more wholesome setting.
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10 January 2025 | 6 replies
There are so many strategies you can deploy depending on your goals going forward.
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13 January 2025 | 1 reply
I “luckily” caught the wave of property appreciation between 2020-2022 which set the foundation of my investment journey.- I was scared to drop out of law school In 2021 and go all in on REI, I’m super happy with my decision.Now, whenever I’m scared/nervous, I take that as a sign that I should probably do it, and that it’s room for growth.Yes, sometimes it will be a mistake, but that’s how you learn.4) Value Relationships over everythingGood relationships will bring you more joy and take you farther than being selfish and/or greedy.What principles do you live by?
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17 February 2025 | 40 replies
However if you’re working full time outside of real estate and trying to transition into the REI space, you might not have the hours available to set aside and get the full value of the resources provided.
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13 January 2025 | 7 replies
To really give you good feedback on this, we’d need to know more about your goals and your current financial situation.