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6 November 2024 | 2 replies
FoundationI just had a client request her contractor that she had used in the past (this was due to cost, he is less expensive).
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6 November 2024 | 10 replies
Typically what we look for in a borrower is someone who has a good track record, (at least 5 in the past year) along with purchase HUDS, statement of work as well as sale HUDS.
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7 November 2024 | 12 replies
Here's some hopefully, helpful cut & paste info:------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?
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7 November 2024 | 5 replies
If my wife and I own our own house which have appreciated well over 1 million, and I would like to use a 1031 exchange in order to defer taxes - I have these questions, let's assume we purchased it for $1 million, and it's now worth 2 million dollars and I lived in it for the past 3 years as my primary residence.1.
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6 November 2024 | 2 replies
I talk a lot about REI Nation and how they've been my fantastic partner over the past year - they are a one-stop-shop and have helped me through some challenging situations.
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5 November 2024 | 17 replies
Our evictions have held fairly steady over the past 3 years.
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5 November 2024 | 12 replies
It was mentioned by my insurance agent in the past.
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7 November 2024 | 14 replies
I've already had two borrowers text me and ask if their rate went down by a 0.5% after explaining this repeatedly to them for the past month.
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6 November 2024 | 6 replies
I have worked with Section 8 housing in Tampa for the past 20 years.
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7 November 2024 | 8 replies
Over the past week along we received over $400M in defaulted fix and flip loans from flippers who were getting 90% acquisition and 100% renovation and the properties are 20% underwater.