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2 December 2024 | 4 replies
I'm curious if this discrepancy is typical of other regions as well.How accurate is the data on this site?
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5 December 2024 | 4 replies
This is still a good investment in my opinion.Feel free to reach out if you have any further questions or need additional clarification!
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11 December 2024 | 101 replies
Additionally, can anyone provide any input on the developer?
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3 December 2024 | 8 replies
However, if you analyze what we have vs. what other states have there are numerous reasons why we are a great state to invest in.I hope all of that makes sense but feel free to ask anything additional.
3 December 2024 | 0 replies
With consistent rental income and a strong potential for future appreciation, this property offers a reliable addition to any portfolio.
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4 December 2024 | 8 replies
Depending on the cash flow and your FICO, you should be looking at 75% or 80% (80% will have a significantly higher rate than the 75% but depending on your strategy could be worth looking at) of the new as-is value that you can get to pay off the rehab loan and get some cash back to go after your next property.I'd recommend looking at some of the BRRRR articles that have been written in the BP forums for some additional info on this process.
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5 December 2024 | 5 replies
Because the original value of your closed loan was based on renovations being done, there is no additional value to use for the removal of the PMI.Maybe consider refi to another lender who will order another AVM or appraisal to get you a more desirable LTV.
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3 December 2024 | 0 replies
Used a HELOC on a primary, and was sure that even with that additional debt-service, there was + cash flow.
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4 December 2024 | 5 replies
So, if you have a W2 or cash flow from properties to build some reserve funding over time, then I would likely say know to additional funding from the cash our refinance.
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3 December 2024 | 0 replies
In addition: I would withhold more money for completion.