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18 November 2024 | 35 replies
To mitigate these, landlords can offer appliances "as-is," charge a fee, or allow tenants to bring their own.Good Luck!
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19 November 2024 | 10 replies
Certified mail is the best method, as emails usually don’t meet legal standards unless allowed by the loan agreement.
19 November 2024 | 15 replies
This allows them to be safe, and it empties your home so you can mitigate the problem.
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17 November 2024 | 10 replies
You could get the DSCR on first and if your bank allows it do a second position HELOC on the investment property (this would be pretty rare if a bank allows this) but putting DSCR on second would not be ideal.
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18 November 2024 | 9 replies
if you are getting just started, i would just use your personal name and get the freddie/fannie 30 yr fixed loans. gives you way better cashflows up front which allows you to grow faster in the beginning.
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17 November 2024 | 2 replies
I have talked to my HML for the property owner to do a 24-36 month Owner Finance for the 20% down to allow me to qualify for a DSCR on a turnkey small multi-family.
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15 November 2024 | 5 replies
Hey @Tarcizio Goncalves, QuickBooks Online allows for everything you need.
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20 November 2024 | 37 replies
In practice how Mello Roos works is you create a political subdivision and apply to the county they approve the area for the Bond issue.. you need Bond council and a investment bank to create and sell the bonds. once the Bond issue is approved this allows the developer to get a Bridge loan to build said improvements ( that are usually 5 to 50 million or so) Once improvements are in and taken over by the county the Bond money is released and is used to pay off the Bridge lender..
19 November 2024 | 28 replies
A hard money loan with 10-15% down may also allow you to keep the Atlanta property, if you have the reserves to do it.
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19 November 2024 | 11 replies
Personally I like leverage, it has allowed me to recycle my money and scale quickly.