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14 February 2025 | 19 replies
If so they may have a real estate license or they may work with an agent that relies on repeat business rather than a one-off purchase.
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30 January 2025 | 0 replies
Department of Housing and Urban Development (HUD) and Bankrate, the big perks of an FHA home loan are:Lower Down Payments: They typically require a smaller down payment than conventional loans, sometimes as low as 3.5% of the home’s purchase price.Lower Credit Score Requirements: They’re designed to help buyers with credit scores that might not qualify for conventional financing.
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4 February 2025 | 31 replies
Felt with R2R I purchased the property and a team.
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5 February 2025 | 17 replies
Loan Amount: We specify this as a percent of the purchase price.
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8 January 2025 | 11 replies
**Cash Flow & Reliability**: The cash flow can be great, especially since the rent is typically above the average for the area, and it’s guaranteed by the government.
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1 February 2025 | 23 replies
Maybe it isn't worth it, but you should consider the numbers and decide...that could push you towards purchasing another rental. - You mentioned paying down/off a rental and needing to consider the tax implication.
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29 January 2025 | 14 replies
-----------------------------------------------------------------------------------------------------------Recommend 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 | 1 reply
If somebody sues the buyer, I want seller and tenant both stuck with the words in the Tenant Estoppel Letter, and not able to testify to anything different.The exact wording of the Tenant Estoppel Letter should be negotiated between buyer and seller as part of the Purchase Agreement negotiations.
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7 January 2025 | 5 replies
If you’re considering leveraging hard money lending (HML) for this flip, it could be a strong alternative to traditional financing—especially since HML is quicker to secure and designed for investors aiming to flip properties fast.With HML, you’re typically looking at covering a significant portion of both purchase price and rehab costs, which keeps more of your cash free for other expenses or emergencies.
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26 January 2025 | 19 replies
Quote from @Joe Davis: Quote from @Jack Phillips: Quote from @Joe Davis: Yes, Go High level is good, so is podio if you can build it or purchase pre-built off the shelf like InvestorFuse.