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23 September 2024 | 33 replies
The only things I change are that I require a copy of their housing voucher (which tells me which agency they're with, how many bedrooms they're qualified for and if their voucher is still active) and I require only 1 months rent in income instead of 3.The rest is the same - I call every landlord they've had for the last 5 years, I check their background, credit, etc.
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20 September 2024 | 15 replies
Social media is filled with 'passive income real estate' but it takes a lot of work to acquire, qualify for loans, and manage property.
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19 September 2024 | 12 replies
In order to qualify for your first investment loan you will need to put down 25% of the properties purchase price.
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18 September 2024 | 19 replies
It is taking 1 - 2 months to find qualified tenants.
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18 September 2024 | 7 replies
Can you qualify using employment history, tax returns and DTI?
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18 September 2024 | 15 replies
If you can qualify using your income I would avoid DSCR but again its not the end all they have value.DSCR single family requires 15% down, 2-4 Units require 20% down, they offer 5/6 ARMS, 30 & 40 Year fixed and I/O Interest only options which can help cash flow first few years.
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19 September 2024 | 15 replies
So for instance for our lead organization & management, I clean the lists up in google sheets and then download as a .CSV file and upload into Airtable (google sheets on steroids) where its easier and cleaner to manage.I use Airtable to manage our raw leads data - I have a trigger set up, that whenever we change the status to "qualified", that lead will go into our CRM (Salesmate.io) where we track our contacts and deals.
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20 September 2024 | 51 replies
Bruce Petersen you qualify my friend.
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20 September 2024 | 7 replies
I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.
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21 September 2024 | 69 replies
Many newly build, luxury high rise condos were not qualified for any financing because the building didn’t have the required number of units owner occupied as required by Fannie, Freddie, and individual lenders.