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16 October 2024 | 7 replies
If not, that's my recommendation.Some of your improvements may qualify for depreciation in addition to your building value depending on the scenario.
18 October 2024 | 34 replies
If that risk does not exist for all economic scenarios (or you add value), you can always sell and be fine.
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15 October 2024 | 6 replies
Best case scenario - it goes as originally planned, but at least you did your underwriting based on the worst case scenario2.
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17 October 2024 | 14 replies
In a former life this was fairly common but I would have it paid to escrow and then credited off my origination fee, if that makes sense.
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29 October 2024 | 131 replies
This has become more common place over the past few years.
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15 October 2024 | 12 replies
Love that you're looking into BRRRRs, thats becoming more common and I can see why.Are you looking at particular areas besides Houston?
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17 October 2024 | 5 replies
Do you notice commonalities about them?
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15 October 2024 | 6 replies
Is this a typical scenario?
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15 October 2024 | 14 replies
Again, the purchase price plus reno is less than the ARV so how does that work for a refi and what are the worst-case and best-case scenario on rent roll?
15 October 2024 | 8 replies
Is this common, or are we overpaying due to lack of competition?