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19 June 2024 | 6 replies
Mind you, there are signs but you can bet people in the know aren't going to share it and create a competition for themselves so you'll generally be on your own on this one.9.
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18 June 2024 | 9 replies
Even up 1464 or Hwy 6 - it's cheap, but I wouldn't make a bet on those areas and school districts.
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17 June 2024 | 4 replies
That way, all of our locks are in the same app and have the same functionality.For exterior deadbolt locks (front door, garage door), we used this:https://a.co/d/2SFMNcy For normal interior locks (bedroom), we used something like this (the ones we have are currently unavailable, but this has similar capabilities):https://a.co/d/8C6nYenYou can create codes from anywhere without the locks having internet connection because it can create them using an offline algorithm.
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18 June 2024 | 11 replies
As someone else mentioned I think that Househacking a multi family is your best bet and the recommendation I give to everyone looking to get started or even someone looking to buy their first home.House hack is the easiest barrier to entry becasue your cost for downpayment can be as little as 3.5% FHA or 5% conventional, and you usually get the best rates as a primary residence borrower.
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17 June 2024 | 7 replies
Your best bet is to talk with the zoning department and let them know the situation.
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17 June 2024 | 5 replies
They want a door, internet and space in the refrigerator and laundry facilities.
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17 June 2024 | 6 replies
I saw a lot of conflicting information on the Internet about whether condo is a type of RE ownership or just a bunch of units sharing walls.
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17 June 2024 | 9 replies
I've heard good things about Oklahoma, but it is very far from CA and I personally wouldn't bet on very speculative developments across the country.
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16 June 2024 | 7 replies
I think your best bet is to go with a Correspondent Lender like we are because we can get you multiple offers to ensure you get the best rates and terms available for your scenario.The best lender is going to depend on the qualifications of the borrower, the property and tenant type as well as some of the specifics of the lending scenario.For the Borrower:1.
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17 June 2024 | 9 replies
We no issues closing in an LLC, as a matter of fact most of my lenders will prefer it (assuming it is not your primary residence)Assuming it is not your primary residence, the easiest way to do this deal would be through a DSCR Loans.A DSCR Loan will use current rents or market rents if the property is vacant and personal tax return from you would NOT be required.It also referred to as a No Ratio Loan because your personal Debt To Income is not important.What is important is that the property can pay for itself.If we keep the LTV Low the rate for this loan can be better than a conventional loan.If you ARE Living in the property and you want to keep it... it would mostly depend on how motivated you are and how willing you'd be to "postpone gratification"The best bet is still a DSCR Loan.. which means you moving and renting the property out.We can bring in Asset Based Financing that can help with cash down (if you need it) or to pay cash for another property for you to reside in.Once you're moved out we can do the DSCR Loan at a 70% - 80% LTV or we can calculate a comfortable cash flow number.For example, max cash out that will give you $500 cashflow after a full PITI payment.Let's discuss more!