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6 January 2025 | 4 replies
If we sense there is a red flag, were asking them to upload additional documents like tax returns w2's etc.
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31 January 2025 | 27 replies
I also am not sure her getting her real estate license and sell a property a year as someone suggested will qualify for the 750 hours.I know we all want to make money, but we do not want to raise red flags....
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13 January 2025 | 1 reply
Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.
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14 January 2025 | 15 replies
Legitimate lenders may charge a small application fee (around $250) to verify you’re serious, but if someone’s asking for thousands with no real intention of closing, that’s a huge red flag.On a more positive note, there are creative financing approaches out there.
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22 January 2025 | 12 replies
These are business purpose loans so there isn't any sort of red tape when purchasing multiple properties at once or one after another.
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31 January 2025 | 44 replies
Thats not my model and homes at that price point havent penciled out for me but im very much doing BRRR in my market with properties that do pencil. we add ~50k-60k of equity per BRRR on properties around 200-230k ARV You can definitely create equity in D.C. though the 200k listed above is highly unlikely, the biggest issue is at those price points you are deep in the red cash flow wise after refinancing.
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15 January 2025 | 9 replies
According to NYC, STR is hurting housing affordability just like normal people can buy a house or condo near the Time Square and Madison Garden.
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4 January 2025 | 5 replies
A quote with no cost breakdown can definitely be a red flag—it makes it harder to understand what you’re paying for and leaves room for unexpected costs to pop up.
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26 January 2025 | 12 replies
A straightforward way to estimate value is by looking at the price per square foot and using that to calculate your property's worth.In situations like this, it's worth spending a couple of hours yourself to get a solid understanding of the market.
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26 January 2025 | 54 replies
I see a little bit of a red flag in the fact that his students are closing so many deals in Texas right now - in such a tight market...