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21 August 2024 | 10 replies
They won't pull the old, you didn't do it this way or that way....you did it every way possible.If you want them to stay, get your attorney to do an "Eviction Hold Off" agreement.
20 August 2024 | 5 replies
Looking for some help from the brain trust.What are my loan or financing options if I want to pull some money out of my rental property that have titled to my LLC?
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21 August 2024 | 26 replies
The idea is to be breakeven+ right now and gather appreciation over the next 2-5 years and then pull a refinance and increase cash flow at that point.It also matters the purchase point.
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20 August 2024 | 15 replies
With the right project, you can pull out 100% of your equity when refinancing and "repeat" the process.The key is to buy low enough in an area that justifies an ARV that will allow you to pull out all of your cash at a ~70-75% LTV.
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20 August 2024 | 2 replies
It only pulls the filter I use.On Realtor.com or Zillow there are filters you can use as well.
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20 August 2024 | 3 replies
Or if you have other property and are able to, you can pull a line of credit.
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25 August 2024 | 57 replies
Now, pulling back the curtain a bit, if you act up front as have acted here a service provider will sense that and, intelligently add-on additional "WTF" charges because it's anticipated your going to burn up tons of there time in additional "WTF" items such as demanding to know how many minutes xyz took.
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20 August 2024 | 2 replies
The most common pathway from where you're currently at with your property is a cashout refi to stabilize it and to pull out your capital for the next project.
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20 August 2024 | 4 replies
These are properties you can rehab and furnish yourself, with the potential to refinance and pull out some or all of your initial investment.
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21 August 2024 | 4 replies
Ex (random numbers pulled out of thin air)$100k purchase $160k ARV$30k reno but $20k at cost$15k holding costsTotal Cost:$145k cost or $135k with contractorWith the contractor at cost, I have an extra $10k of margin where I don't lose money, but obviously not ideal for the contractor since they would make less.I think a good way to price it would be the equity would equal your profit if you did a fee construction at slightly below the projected ARV, and slightly below the projected hold time.