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20 January 2025 | 7 replies
Hopefully you have a Checkbook IRA to avoid the red tape and fees of going through the custodian for each transaction.
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7 February 2025 | 31 replies
. $1500- $960 + $200 IS $340Cash in your pocket after everything roughly $1500-$1160-$340 which is not bad for a 100% financed deal(INFINITE RETURNS)Now, If you ran this analysis on a 1% deal as @Nicholas L. mentioned you will undoubtably end up in the red each month.All the best!!!
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7 February 2025 | 40 replies
They try to act like a servicer and broker at the same time (these are not owner-occupied so not as much red tape) but in reality, they are just a broker that pairs a borrower/flipper/landlord with a lender.
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22 January 2025 | 13 replies
Donating money to large (FEMA, Red Cross), local organizations or Go Fund Me pages would be the quickest way.
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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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18 January 2025 | 3 replies
Beautiful design!
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7 February 2025 | 13 replies
This is what shocked me awake into the true beauty of wholesaling.
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19 February 2025 | 42 replies
They give no official closing documents, just internal documents that I'm guessing are fraudulent. 170% profit in two years is a HUGE red flag🤯
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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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8 February 2025 | 49 replies
Than did all the red-tape fun to get things set, and completed soil corrections.