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19 August 2024 | 3705 replies
Most were larger by about 600 Sqft and newer by 20-40 years.
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19 August 2024 | 18 replies
or is it spread out in the larger San Antonio area and other places as well.
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16 August 2024 | 9 replies
As you grow larger it will be impossible to meet even a fraction of your tenant population.
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16 August 2024 | 4 replies
However, if you plan to rehab at all, you will then need a licensed contractor to provide bids on each project you plan to rehab.You will then be asked to provide a proof of any funds to close, purchase agreements, and if closing as an LLC - most times documentation on that LLC.Overall, the larger number of units (5+) makes the lending process based more off the property than the borrower, contrary to traditional single family housing.I would recommend you work with a Loan Originator/Broker who will be the medium for you to the lender/s.
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15 August 2024 | 4 replies
If you can build equity and pull out cash through a BRRRR (Buy, Rehab, Rent, Refinance, Repeat) strategy, that could get you the funds you need for that larger down payment on a multi-family or HUD loan.
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16 August 2024 | 5 replies
If egress is already available, great, but often times this means digging an egress "well", structurally reinforcing the foundation where the larger window will be going, etc.
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17 August 2024 | 25 replies
But if you buy four $200K houses then it's apples to apples and you're not going to fall behind.For what it's worth, I'd be concerned that if you over extend yourself buying a primary home you'll create a larger scale issue than just being house poor.
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12 August 2024 | 7 replies
Larger operators will get dozens of reviews per month and many more touchpoints in direct communications.Do any of y'all use a vendor, team member, or software to analyze these interactions for insights into areas of opportunity to improve guest experience?
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16 August 2024 | 5 replies
FHA and conventional may have different guidelines for a % of square foot, but I would guide you away from a larger bank lender and more to a real estate lender.