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31 July 2024 | 0 replies
Given all of my things, too many to list, I would be utilizing a registered agent.
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31 July 2024 | 1 reply
Property 1: 4/3 LTRCurrent Value: $475kPurchase Price: $363kDown payment: $40k (30 year conventional)Interest Rate: 2.75%Remaining Balance: $294kMortgage payment: $2369AVG revenue: $2775Property 2: Duplex - 3/2 House Airbnb & Detached studio apt 12mo leaseCurrent Value: hopefully within $575k-$600kPurchase Price: $591k (appraised at $599k)Down payment: $30k (30 year FHA)Interest Rate: 6.125%Remaining Balance: $552kMortgage payment: $5041 (including $362 PIM)AVG monthly utilities: $385 (full year avg)AVG monthly revenue: $5261 (full year avg airbnb + $1650/month from apt)
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1 August 2024 | 10 replies
If you could renovate and split off an ADU or even apply to turn it into a duplex or triplex (although that will cost plenty of money with new kitchens, utilities, etc.) that could very well be worth it.
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30 July 2024 | 5 replies
I’m interested in how do we scale this single family unit into maybe a duplex or etc…We don’t utilize a PM since it’s only a single unit and it’s close to our primary residence.
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31 July 2024 | 0 replies
Partner Driven financed the Hiawatha Way deal by utilizing internal capital resources.
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30 July 2024 | 9 replies
@Woralak Bryant, be careful about shutting off utilities.
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31 July 2024 | 5 replies
How feasible is it to have an offer accepted utilizing seller financing for non-REO properties with the intention to flip?
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1 August 2024 | 35 replies
You will do yourself a huge favor by getting his books and utilizing his information.
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31 July 2024 | 5 replies
A little about me:I graduated high school in 2020 at 17 and as soon as I turned 18, I went to work underground utility construction.
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31 July 2024 | 11 replies
https://www.biggerpockets.com/blog/short-term-rental-loans-a...Also - PS on the advice regarding getting a vacation home loan - if this is referrring to the conventional 2nd Home / Vacation Home Loan (10% Down Loan) - I'd be very careful here, these are not supposed to be for STR investment properties (you are required to rent it out no more than half the year, not utilize prop management, ec.) - which doesn't sound like your plans for this investment