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20 November 2024 | 7 replies
Typically 5 units or more are considered commercial.
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20 November 2024 | 9 replies
What are you talking about.All of the other investor-members above laid out an easy solution for a typical problem and also accurately stated that a lawsuit is unnecessary and won't work.
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18 November 2024 | 1 reply
Hi Kevin, The BP Rent Estimator typically provides the estimated rent for a single unit unless otherwise specified.
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21 November 2024 | 10 replies
Another way is to switch your product from 30 year fixed to a 5/1 ARM so now you're taking program or financial risk to arrive at a lower rate such that you can pass this FHA SS rule (5/1 ARM FHA has a lower rate by up to .50% than the 30 year product typically).
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20 November 2024 | 15 replies
@Ricky Hernandez As a Realtor with extensive experience, I typically guide buyers through the process.
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18 November 2024 | 1 reply
Hi Leo, Foreclosure.com typically lists pre-foreclosures, auctions, and bank-owned properties.
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18 November 2024 | 11 replies
If you are looking in Austin around 200-250K you will likely have a massive rehab budget which typically makes cash flowing a BRRRR rare.
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19 November 2024 | 4 replies
Typically there are no prepayment penalties on hard money loans, so you can limit your holding cost if you're able to quickly complete the project and sell or refinance in a few months.
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18 November 2024 | 24 replies
Typically they are not eligible for traditional financing which implies other funding sources (HML, private Monet, self funded, etc).
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20 November 2024 | 9 replies
A higher ratio (typically above 1.0) indicates that the property generates sufficient income to cover the debt, making it a lower-risk investment for lenders.3.