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15 September 2024 | 14 replies
Lender Flexibility: Every lender has different rules, so it's important to communicate your intended use of the property upfront.
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16 September 2024 | 9 replies
So with that disclaimer out of the way… Tulsa is a fairly safe bet.
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16 September 2024 | 10 replies
It went fairly smoothly.
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14 September 2024 | 4 replies
That is fairly common to credit at closing.
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16 September 2024 | 13 replies
To me this actually makes much more sense than the current system, people just don’t like change lol, basically the buyer & thier agent negotiate a fair fee and that fee is no longer being “hidden”. the agent than negotiate’s a concession with the sellers agent, that’s literally it, it’s a totally logical system that makes much more sense then the current one, and I think people (mainly agents who are afraid as soon as the seller realizes they are getting 3%, that they might not be worth it) are just making way to big of a deal of it.
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16 September 2024 | 8 replies
effectively, you'd either need to look for a lender that would let you use the other property as collateral (cross) so that you can avoid actually taking the cash-out (this is rare in terms of institutional DSCR lenders, but fairly common in the hard money or private money space)...
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14 September 2024 | 23 replies
I have also negotiated to bond around future possibilities These bonds use to be fairly cheap.
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12 September 2024 | 9 replies
The KEY AT THIS POINT IS ESTABLISHING COMMUNICATION with the tenant because a great option could be cash for keys as @Sean McKee mentioned, but you can't do that without having a conversation.During these challenging times I try to remind myself that the tenant is obviously going through some seriously challenging times and no matter what landlord problems are still "good problems" to have...
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12 September 2024 | 25 replies
Quote from @Jamie Banks: After receiving the request on Furnished Finder I reached out to the guest via their preferred communication method.
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9 September 2024 | 4 replies
As soon as she started to fall behind/be late more than once, I'd not renew her lease especially if tenants aren't communicating with you.If there is extensive mold, tell her to remove her items so you can treat the property.