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20 December 2024 | 3 replies
Remove the kitchen all together and convert it back into two duplexes or is there another option?
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18 December 2024 | 6 replies
Looking for guidance on options. new builds aren't hard to finance and I would argue they are preferred to existing fix and flip loans, especially if you have experience. banks look at your experience, your builder's experience, loan structure, permits, etc you need to get an experienced builder familiar with advanced underwriting and negotiations with local, regional, and national lenders. in columbus we do ground up construction for clients at a 20% discount so they can BRRRR out of the new build with equity and we have pages and pages of data on what we build and why and it's all supported by market statistics.
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24 December 2024 | 9 replies
Based on what you all have said I think my best option for now is to put the multi fam under my LLC and keep renting the others as I have been.
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19 December 2024 | 6 replies
For managing properties, I have two options: 1.
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23 December 2024 | 15 replies
We often use our own workers and have the work inspected afterward to make sure it's all up to code.Is that an option for you?
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18 December 2024 | 13 replies
couple of bullet points to bring up:* she's on M2M* I told her on 12/7 of the new rent which would apply to a new Jan. 1 effective lease, this is when I got the "I'm moving out" message* Sent her the move-out letter on 12/11, with options for her to either be moved out by 12/31 (she's fully paid up for month of December) or by 1/11 (30 days from date of notice) and pay a pro-rated rent based on her CURRENT rent amount. her choice, either is fine with me.With all that said, I'd love to do as you mentioned and post a notice on her door.
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20 December 2024 | 9 replies
That said, selling is another option to free up cash for a lower-cost, higher-cash-flowing property.
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19 December 2024 | 10 replies
You also have the options of the 2 + 1 which is a 2F with a boarder unit that an owner can live in, but likely can't rent after you leave so it's only a temporary solution depending on how stringent the municipality is.Your VA gives you lots of options, but you won't cash flow if you use at 0 percent down because rates are too high.
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17 December 2024 | 6 replies
We still owe roughly $900K on a 3% mortgage.We’re planning to retire abroad and are weighing two options:1.Sell the home – I already have a buyer lined up, so this would be a straightforward exit.2.Rent it out long-term (furnished) – While I don’t think the rent will fully cover the mortgage, it might come close.
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22 December 2024 | 7 replies
I have another one were I optioned 120 acres that just got brought into long term planning for chips act. paid 5 million for it and spend 10k a month negative..