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20 January 2025 | 9 replies
I dont like any company personally that does not put their principals on their website as in meet the team.. ...
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18 January 2025 | 9 replies
Lenders often include a portion of the cash flow in the investment property as income to you personally to offset the DTI.
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15 January 2025 | 5 replies
I 100% agree with the intent aspect and that is an important premise, but the fact is in this particular situation intent for it to be personal use has been confirmed (by way of a public post).
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16 January 2025 | 26 replies
The other PM can be a fix-mindset type of person where they are not willing to share anything unless you have a property and are willing to sign a PM agreement in the same conversation.
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22 January 2025 | 3 replies
I find it's very personal, and dependent a lot on your goals, resources, risk tolerance, location, experience, etc.
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9 January 2025 | 4 replies
If we rent to own, they are OK, but we cant refinance because we don't have the deed.Are there any unique scenarios to help us get the property for little money out of pocket, we have the ability to have the deedSign a lease agreement with a purchase option that allows you to buy the property at an agreed price at the end of the lease term, consider establishing a partnership with the seller to jointly invest in property repairs and improvements.
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22 January 2025 | 4 replies
Rentals are extremely difficult to make pencil right now but would only personally consider higher end projects because the costs are far easier to absorb than trying to build in lower value neighborhoods.
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20 January 2025 | 6 replies
I personally spend about 50K a year in masterminds and always get my money back just through network of individuals you get access to.
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19 January 2025 | 2 replies
., the appraisal for 5+ is at least $2k-$3k) and the financing structure by lenders because Fannie/Freddie don't generally buy loans for commercial properties.So, for you personally, the biggest driver for the type of your next property is probably going to be the amount of a down payment/equity you can put in the property.
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17 January 2025 | 10 replies
A more realistic expectation is 24 hours which will ensure we can arrange any repairs or corrections with a team, handle it in person, etc. be curious how this plays out as I worked for local developer for a while and developed several properties in Alexandria (Specifically old town) and while the city is challenging like any city - they were mostly realistic.