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28 May 2024 | 12 replies
For me, I found hiring sub-crews out individually to be cheaper and more manageable than a GC that doesn't know which end of a hammer to use.
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29 May 2024 | 27 replies
I am an individual investor with 37 rental units and have done a half dozen flips in the past 5 years.
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28 May 2024 | 26 replies
It was a mass hotelization of a place that really had a unique sense of place and not just the city but individual neighborhoods - Treme, Uptown, Garden District, Fauberg Marigny - all very distinct from one another.
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27 May 2024 | 7 replies
I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23DSCR lenders generally let you vest either individually or as an LLC.
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29 May 2024 | 21 replies
Fiverr and Upwork both have some outstanding individuals on there that will quickly give you a bid depending on the number of pages you are looking to build.
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27 May 2024 | 9 replies
I like that ARM option the best. 4) Chase - no comment other than unless you are an extremely high networth individual I would go with someone else.
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27 May 2024 | 8 replies
The difference is the lender is not a bank, but an individual or abother companyThe purchasing process should be 100% the same for you as a buyer as it would purchasing any other property with the exception that you would want to get an appraisal (where as typically the bank would).
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26 May 2024 | 10 replies
Their properties aren't the best for investment (unless you're a high net worth individual) and they generally focus on lifestyle properties if I'm not mistaken.3.
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31 May 2024 | 111 replies
This is why it takes any culture a while to reach a level of prosperity where some individuals can dedicate themselves to music, art, philosophy or science.