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20 August 2024 | 0 replies
Conventional Financing How did you add value to the deal?
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15 August 2024 | 29 replies
I’m just curious as to what the people who post it to Inventory initially do when the house sells and how it affects their reporting.
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20 August 2024 | 81 replies
So right now its over built with way to much inventory and now prices are falling HARD
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21 August 2024 | 23 replies
Using your VA benefit is a great way to get started in real estate.When buying properties, lenders wanted to ensure the property we were leaving had a lease agreement or under a property management contract.Qualifying for a VA loan has slightly different criteria than a conventional loan.I wish you all the best in your investing journey.
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19 August 2024 | 4 replies
I am not approved to buy outright with a conventional loan, but by going HM first and then refinancing seems like a solid workaround.
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21 August 2024 | 73 replies
1) With rent control, it keeps inventory low, thus high appreciation for rents.2) Higher dollar appreciation. 3% increase on a $1M value is higher than a 3% appreciation on a $100,000 value. 3) Same as #2 but with rents.4) Because of the above, you could argue that you are generating a higher net worth faster. 5) Expensive markets like LA, NY, and SF can be great for house hackers.6) Because I first bought in LA and then bought a second house hack, I have been able to leverage business partner, HELOCs, and a 1031 exchange and now have 15 doors between four states and I haven't had to put a down payment of my own money (or at least BRRRR and got my money back).
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18 August 2024 | 6 replies
Hey guys, I needed some advice on new construction here in NJ.Me & my wife want to purchase a second home as our primary home but prices on houses are super over priced and just not worth it especially with inventory being so low & the market just all twisted.My thought was to maybe pick the town I want to live in and potentially see if I can get vacant land to build on obviously.I wonder if maybe it will cheaper to do this strategy instead of getting a loan for 600-700K home that still needs work and I’m not happy about it..thoughts?
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20 August 2024 | 8 replies
Areas outside of Vegas have more room to expand creating more inventory.
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20 August 2024 | 8 replies
Conventional loans only, no DSCR.