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20 November 2024 | 6 replies
It covers the investment process in detail and has a supportive community.
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22 November 2024 | 9 replies
They completed the review of the voucher on December 3rd AND REFUSED TO COVER THE TENANT'S RENT FOR NOVEMBER because they didn't have LMHA permission to move in.We had a home pass inspection on December 20th and still haven't received permission for the tenant to move in (January 3rd)...the tenant just had to pay for an additional month's rent at their old home and we are out another month without our rental occupied, incurring carrying costs, and risking vandalism.
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21 November 2024 | 3 replies
You could structure a win-win situation where Investor A (the seller) gets his proceeds to cover the work on the remaining properties, while holding the note for you.
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20 November 2024 | 5 replies
My wife and I can cover $75,000 or so, but we would need a loan for the rest until we can get a SBA 7a after closing.
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25 November 2024 | 18 replies
The plumber came out while in escrow stated it would be $8,800 and we got it covered by the seller to do it.
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23 November 2024 | 10 replies
If it does and you can't rent your house traditionally without covering $1,000 a month in costs, and you can't sell because the value isn't there, then you're in a pretty frustrating situation.
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20 November 2024 | 9 replies
Currently, less properties are qualifying (or lower LTV being offered) due to the rental income not covering the mortgage loan plus expenses.
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2 December 2024 | 33 replies
I'd minimize the risk of having negative cash flow in the first 12 months when things are the most unknown and I'd be able to increase the gross rent of the property which should give me a better loan or at least bigger margins to cover my risk for negative cash flow.
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25 November 2024 | 16 replies
A solid exit plan reduces the risk of default.Check Their Liquidity: Even experienced borrowers can run into trouble if they don’t have reserves to cover unexpected costs.
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5 December 2024 | 554 replies
Needed to cover her end according to irs my question was can you just pull out basis and pay no tax I know in other real estate related projects this is not acceptable any money come back from cashing in would be spread between basis and P and L That is a great question.