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27 December 2024 | 20 replies
We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.
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28 December 2024 | 26 replies
Allow me to explain something to you.What people call "chest pumping" simply is proving others that are wrong with concrete data showing them they are wrong and why, so they can learn and grow from it.
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29 December 2024 | 14 replies
Most states allow you to hire your own adjustor to come up with your own damage amount and then argue with the insurance company about.The insurance company will want to see the signed lease, proof of funds the tenant paid and confirmation the utilities were on and preferably in the tenant's name.
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7 January 2025 | 16 replies
Not aware of a lender that will allow a rookie to do this.Recommend either starting smaller and working your way up to this or partnering with someone you can learn from that can be your lead with lenders, etc.
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26 December 2024 | 15 replies
If you're living in it now, you'll probably be required to have a signed lease in place as well as proof that first month's rent/security deposit were collected in order to get a DSCR loan (they're business purpose loans and don't allow owner occupancy).
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2 January 2025 | 37 replies
We don't allow hard money lenders, only the sponsors (real estate attorney, title company, and my lender) and they don't pitch either.
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30 December 2024 | 8 replies
We allow cats and most dog breeds except for the following:- any breeds/mixes known under common parlance as “Pit Bull”- Rottweiler- Doberman Pinscher- German Shepherd- Alaskan Malamute / Siberian Husky- Chow Chow- Presa Canario- Cane Corso- Mastiff- Great Dane- St.
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26 December 2024 | 21 replies
That will allow the CFPB to investigate your loan and then others through a QC or audit if they feel its a recurring complaint.If you find yourself in need of advice or want to talk about anything related to multifamily rentals purchase or refinance please feel free to reach out.
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22 December 2024 | 23 replies
This allows you to invest in another property while maintaining the asset.Alternatively, a 1031 exchange lets you defer capital gains taxes by reinvesting in higher-yielding or diversified properties. 1031 has limitations.
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24 December 2024 | 3 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?