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11 August 2024 | 7 replies
In other words, it could reduce the max loan amount if the deal is too thin (not enough profit) for the lender's risk appetite.
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15 August 2024 | 57 replies
I wish I could do more to reduce the power of the OTAs.
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11 August 2024 | 12 replies
Many times, this approach has helped us avoid having to follow through with the eviction altogether because they will pay when they start receiving the required notices.Consistently sticking to the process also helps save time and energy by reducing the need to address delinquent payments on a case-by-case basis and lets the residents know what they can expect if they do not pay on time.Best of luck, and I hope this situation improves soon!
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11 August 2024 | 4 replies
This reduces exit options and affects the value. 10) Small number of small units is the most expensive residential development there is.
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20 August 2024 | 452 replies
When we purchase investment properties the minimum is 15% down....so we are always trying to reduce that amount with creative methods.
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10 August 2024 | 6 replies
It's still reducing your major expenses, while allowing you to own an appreciating asset.
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9 August 2024 | 5 replies
We could take the money and apply some of it towards our personal residence to reduce the time required on the loan but there would still be a sizable amount of loan so it really wouldn't make a huge difference in terms of the length of the loan...not a great idea. 2).
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14 August 2024 | 84 replies
City of Greensboro NC the department of housing pays for a 3 bedroom unit a sum of about $1700/month for section 8 tenant.If you buy a 3 BR SFH property for less than 160k then you can make at a minimum of 300 per month per unit considering all expenses other than property management.If you include that then reduce anoth 80-100.This is all assuming interest rate of 7%.
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9 August 2024 | 4 replies
My question is – if the seller does not reduce the sale/purchase price and I max out on seller concessions, what options do I have to avoid this “wash”?
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9 August 2024 | 14 replies
You could get this rate on a reduced PPP (more like 1-2 years) Instead of 5 years.