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7 September 2024 | 36 replies
It's a commonly applied local overlay in the 'usual suspects' of States that have restrictive tenant protections, so its unfortunate that you thought you didn't have to accept it...technically you may not have been required to 'accept the voucher', but you have to allow them the opportunity to apply and then allow the housing office to decline the property.
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3 September 2024 | 9 replies
Sometimes, there’s even newer construction being built right after nearby causing the home values of the existing properties to drop and rental numbers as there is always someone with better access to debt or lower acceptable margins than you.
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5 September 2024 | 6 replies
Since my strategy would definitely involve house hacking, I was thinking about house hacking with a mixed-use property.It could be interesting to evaluate as a strategy, but only if I can access financing with a low downpayment.How would that work from a financing standpoint?
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4 September 2024 | 10 replies
However, downsides include regulatory restrictions on bank lending, many institutions that restrict concentration and geographies, and other headaches and issues that arise when dealing with a slower-moving bank.DSCR loans are the option that has completely changed the BRRRR lending landscape in the last few years.
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4 September 2024 | 4 replies
The above photo is old copy and has been updated on the following page: https://www.biggerpockets.com/blog/pro-partnersSelf-manage unlimited rental properties – powered by RentRedi.Screen tenants, accept applications, and e-sign leasesCollect rent online without any hidden feesReduce vacancy with syndicated network postings and professionally-designed listingsRentRedi is typically $19.95/month, but Pro members get it for FREE ($240 annual value)Please let me know if you have any issues accessing your account!
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6 September 2024 | 19 replies
There is a cheaper program with access to the course modules, online platform but you have to pay $200 an hour to talk to a coach.
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3 September 2024 | 1 reply
The suburbs of Syracuse also present many opportunities, with most municipalities having lesser restrictions for rental properties.
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5 September 2024 | 10 replies
With the completion of Loop 303 in Goodyear that connects I-10 to I-17, it opens up quicker access to the industry and jobs that TSMC and many other projects in the west valley have created.
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5 September 2024 | 4 replies
Borrowers are not allowed to complete any of the work themselves as sweat equity.Loan to Value Calculations:The original principal amount of the mortgage may not exceed Fannie Mae’s maximum allowable mortgage amount for a conventional first mortgage.Purchase: For a purchase money transaction, the LTV is determined by dividing the loan amount by the lesser of the “as completed” appraised value of the property or the sum of the purchase price of the property and the total rehabilitation costs.Refinance Transactions: For a refinance transaction, the LTV is determined by dividing the original loan amount by the “as completed” appraised value of the property.Eligible Renovation:There are no required improvements or restrictions on the types of repairs allowed.
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5 September 2024 | 6 replies
In return I can offer access to MLS information(Realtor), Sweat equity(maybe you need help in one of your flips), Bird dogging, or even listing any properties for you in return for your guidance. looking forward to connect with the community.