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17 December 2024 | 16 replies
Especially if seller just received a windfall from the sale it is definitely worth suing for damages.
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18 December 2024 | 23 replies
I think the freedom of not paying your primary mortgage would be a huge stress relief and allow you to deploy cash quicker in the future and feel safer taking risks when you know your own living situation is covered.On the rental side, I know the magic ingredient in real estate is time and the sooner you get properties, the sooner they appreciate and are paid off by tenants and 5+ rentals 20-30 years from now would definitely be worth more than the one primary.Would love anyone's thoughts on how you would go about this situation!
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17 December 2024 | 12 replies
@Jackson Harris as long as your definition of MF is duplex, triplex or quads AND your willing to live in some of the tougher (or at least, less desirable) neighborhoods AND you have patience your plan can work.
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22 December 2024 | 23 replies
But there's definitely a sizable area where the structural engineer will say it fails but the structure won't.
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13 December 2024 | 6 replies
There’s definitely a strategy to applying for business credit to avoid alerting other lenders that you’re shopping for credit.
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15 December 2024 | 10 replies
Quote from @Gregory Chadwell: I wonder if having a lead filter installed on the property might help the situation too?
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15 December 2024 | 13 replies
Try and get some equity and then figure out funding options for property #2 (which I definitely want to do).I question why you are looking at this property at all.
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11 December 2024 | 11 replies
Equity and cash flow are equally important when deciding whether to pull money out.If you can put the equity to work by adding another property while still having a nice cushion on your cash flow, then I would say definitely yes.
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14 December 2024 | 5 replies
I definitely ended up passing on this "deal" based on the red flags.
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14 December 2024 | 36 replies
There's definitely challenges, but there's definitely tons of demand for Section 8 in the Cleveland market, especially for single family properties.