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29 March 2019 | 8 replies
You will need much higher reserves, much higher down payment, and rather than running your credit to prove credit worthiness the lender will want to know your global cash flow situation.
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1 April 2019 | 15 replies
We had very cheap rent and the house appreciated literally hundreds of thousands while we lived there, and that was during the global financial crisis (which only really slowed things down here a little, but appreciation didn't stop).
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1 April 2019 | 9 replies
Gas prices are going to go up more and more as global warming taxes get implemented more and more.
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7 April 2019 | 8 replies
If anything it helps with global warming being green.
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20 June 2022 | 33 replies
A lot of people here use sprint as I think you pay an extra 5$ a month for global use.
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7 April 2019 | 6 replies
In particular in the lower price points below 250k.Looks like the world economy is starting to slow down a bit, bond yield curve inversion in March suggests the fed should cut rates to support weakening investor faith in the economy, global shipping is down etc. - so what could that mean for real estate?
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4 April 2019 | 17 replies
Economical data both globally and nationally have been slowing since last summer.
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9 April 2019 | 10 replies
HI Cody, A good strategies to implement:- business lines of credit because utilization up to your credit limits on these assuming they dont also report to personal trans/equi/exp bureaus will not affect your personal fico scores- obtain personal lines of credit and credit cards with no cash advance fee's too despite them possibly affecting your ficos because these can be the last line of defense if you really need quick capital- on each BRRR you do, try to get lines of credit on the newly created equity post rehab so you in your wake of BRRR deals you have more and more equity access to your properties fund subsequent deals in the future- a more advanced strategy is to utilize commercial blank lines of credit as they are larger and more efficient and can tie up multiple trust deed attachements and properties into one CLOC to use as opposed to have many small LOC's on each property- keep your DTI debt to income ratios low, keep your DSCR or global DSCR high (total cashflow over your total personal and business liabilites at 1.25X+) so that you're always bankable- work on personal ficos and personal credit as well just so you have flexibility to obtain capital/financing on either business or personal sidesHope that helps but that will set you free above if maintain within a comprehensive investing strategyBest,
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5 April 2019 | 13 replies
Start making arrangements for any repairs etc...EVERYTHING both of you can do to get a new tenant ASAP...... the emphasis is that he needs to do his end to help you get it taken care of ASAP and you will do yoursIf the turnover happens real quick and your lost $$ is small, I'll cut him some slack and let it go....but if for some reason it takes longer to fill, then I'm not eating that $$....Sorry, but the bank isn't going to cut me some slack when the mortgage is due and I'm in rehab..... or any other agency that I have to pay for each month......
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6 April 2019 | 0 replies
My macro bet is on the waning desire of the American dream of home ownership and more emphasis on being mobile through renting.