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14 November 2024 | 2 replies
Typically, HUD charges a daily fee for extensions, which varies depending on the property type and the number of extensions requested.To request an extension, contact your HUD representative or the Asset Manager handling the sale.
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14 November 2024 | 25 replies
If you're okay with not having any of those, then hey, they're an amazing free option that your tenants will like.Landlord Software: Software and platforms designed specifically for landlords and typically have more than just rent collection.- Pro's: Additional functionalities, such as tracking maintenance, automated bookkeeping, screening reports, etc.
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17 November 2024 | 13 replies
And your Realtor would know more about what’s typical with new construction in your State, but I feel they should be fighting for your interests, and be the one having the conversation with the sales rep about a reasonable amount for the earnest money deposit, on your behalf.Glad you haven’t signed anything yet and hope you manage to come to terms that work for you.Keep us posted!
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15 November 2024 | 3 replies
You can also reach out to wholesalers in your area—they often have established buyers lists.For the contract, a typical timeline for a wholesale deal is 30 to 45 days.
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16 November 2024 | 3 replies
Power Washing: Once a year or as needed, typically the owner's cost unless caused by tenant dirt.6.
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15 November 2024 | 13 replies
What are typical CAP RATES for the area?
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14 November 2024 | 11 replies
Typically, the owner is the only one that can sign a lease as they are the owner of the property.
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18 November 2024 | 16 replies
Most purchase and rehab loans will be capped at 75% of the ARV and cash-out will typically max out at 80 or 75% depending on where you go.
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17 November 2024 | 30 replies
Depreciation typically results in a tax loss.
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14 November 2024 | 10 replies
Hey @Roy JenkinsAs long as you have good credit, typically above 720, being a first time investor won't be overly punitive.