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22 January 2025 | 9 replies
Let's use that as an example. 20% down is $43,000 plus lender loan origination fees, closing costs etc is going to push you over $50,000 cash out of pocket.
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3 February 2025 | 10 replies
you will not find a cashflowing property at 100% financing whether its with a traditional loan and heloc or whatever the terms.
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20 January 2025 | 9 replies
@Chungying ChuIf you want more liability coverage, ask your insurance company if you can increase it.
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22 January 2025 | 4 replies
Quote from @Devin James: Im currently learning this lesson with New Builds that have taken twice as long to complete than anticipated.....Finishing a Real Estate project ASAP is critical because...1) Holding Costs add up quickly- Loan Interest- Property Taxes- Insurance2) Investor Capital- Our financial projections are dependent on how fast we can turn our investors capital.
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12 February 2025 | 15 replies
The average person would be shocked but even our enemies like Iran and Russia are still buying our assets through shell companies.
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21 January 2025 | 2 replies
If you are new and don't have a clue, then I would certainly recommend them or some company that can guide you through things until you have an understanding.
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27 January 2025 | 27 replies
Next to impossible without a property management company or a ton of experience in rehabs.
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27 January 2025 | 3 replies
Build - rent - refinance -repeat. in columbus ohio you are buying old houses that are 1900 or 1920 or 1940 and you are in a sellers market. on the other hand you can source land which is a buyers market and build single family homes or duplex or triplexes that will return by renting and pulling cash out on a DSCR loan and doing it again. there aren't a lot of strategies that do this. flipping is different. so many risks. but when someone has a well oiled machine it's all good and less risk.
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20 January 2025 | 37 replies
I recently started with a new company that is paying for my housing, vehicle, and fuel.
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25 January 2025 | 7 replies
Hey Makani, you should check out DSCR loans, which are primarily for investment properties and focus on the property’s income potential rather than your personal income.