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6 January 2025 | 9 replies
Taking out more debt does not sound like the best option IMO.
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9 January 2025 | 5 replies
The options are going to non QM lenders who allow this.
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5 January 2025 | 4 replies
I have seen a lot of folks that typically BRRRR pivot to flipping for the time being.
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5 January 2025 | 4 replies
I can only think that this grows as we move into the typical buy/sell season.I assume that your buyer funnel is full, and a lot of people have the want to buy with a constraint or two (rate mostly) of some sorts and you're working with them to execute their purchase at the right time while working around their constraint.
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10 January 2025 | 21 replies
After that, they'll be able to help you consider different tactical options, e.g., funding.Two final thoughts, I'm all for being efficient, but you should think about the opportunity cost of tying up your own money in a single rehab, vs. using it to fund another simultaneous deal.
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1 January 2025 | 12 replies
@Kendric BufordRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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27 January 2025 | 12 replies
So I wouldn't hurry to jump into a program right away, but take time to learn your options and find one that fits the strategy/location you want to pursue.
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30 December 2024 | 8 replies
(The typical commercial loans I use are at 9.5% right now so be prepared for that.)4.
1 January 2025 | 24 replies
@Venecia BaezRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?
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10 January 2025 | 13 replies
Open houses are typically used to generate leads, not sell houses.