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20 November 2024 | 5 replies
WE wont put it on the market until its about 30 days out from CO. the other market were we are active Loudoun County VA We have 3 subidivisions going in the platting stages from 35 lots to 250 lots.. all of them have contracts on them from National builders the 35 lot is Toll the bigger ones are Lennar..
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17 November 2024 | 13 replies
@Alex ThomsenThe standard NC contract (2-T) has two different deposit options.
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19 November 2024 | 2 replies
I have one done on a business that I sold on a contract.
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19 November 2024 | 8 replies
If you use a DSCR rental loan it could be as low as 3-6 months of time seasoning required so it depends on what product you're using to accomplish the mission/goal.The time frame isnt a legal requirement, its a financing product specific requirement as a guideline to obtaining the money in which you seek.If you had other scenario related questions feel free to mention them below or via DM.
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15 November 2024 | 17 replies
If you can't convert the whole place to a LTR, then let it go and find another place.Having said that, is the place split into 2 legal residences?
18 November 2024 | 5 replies
If you are looking at properties in need of renovation, they want you to know your costs up front and many will be as-is purchases with the expectation that you aren't requesting repairs and your costs are confirmed.Depending on your state, but likely in all states, you have an inspection contingency in the contract, but what you will learn is that you will be competing against seasoned investors and contractors who know their numbers and houses so make better as-is offers.
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18 November 2024 | 1 reply
Personal Videos - Sending personal videos to your client whether that'd be congratulating them on getting under contract or getting to closing is a great way to connect.
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15 November 2024 | 23 replies
You can do as little as 0% down and maybe even get money back at closing if you can implement seller credits into your offer during the inspection period or prior to going in contract.
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18 November 2024 | 14 replies
For both the applicant(s) and a co-signer, you want to understand their habits...financial, employment, legal, character, etc., as Bad habits in one area typically carry over to other areas, and will land you a poor Tenant (or co-signer) choice.
19 November 2024 | 10 replies
This works well for me but one thing to note about this process is you absolutely need to know your local and state laws very well so that you don’t break any rules or run the risk of being accused of discrimination, because you will be turning people down and should have a legit, legal reason not just that you don’t like them.