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17 September 2024 | 5 replies
If you're looking for a Limited partner (LP) to bring capital to a deal there are a few forum post on here how to structure those deals.
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16 September 2024 | 4 replies
The main downside is the loan limits for a house with ADU match a single family, not those of a duplex (which is higher).
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17 September 2024 | 2 replies
That severely limited the number of lenders I could go to, so I ended up finding a loan product (that costs a premium, albeit) thru Velocity Capital Mortgage that allows fully-amortizing or IO payments (for first 10 years) which will help me build cash flow and accrue title seasoning while I find the right time to pull the trigger on a fully-amortizing DSCR product Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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16 September 2024 | 6 replies
If that's not what you're looking for, Carrot sounds like a better bet (I'm not familiar with that product, just from what people are saying).
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19 September 2024 | 34 replies
There's one thing, though - I bet it's 10X the BS of any other guru!
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19 September 2024 | 10 replies
On the flip side, there is no limit on how much money you can make.
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17 September 2024 | 6 replies
The county assessor has it as $502 but says that is a placeholder for all land values in the Pima County area.Our next option is to find a RE professional who can perform a limited scope land appraisal by pulling land comps from the area.
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16 September 2024 | 12 replies
Although loan amounts this small are going to be very limited to hard money lenders.
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18 September 2024 | 67 replies
Home365 quoted me by phone last week 7% monthly management fee and 50% placement fee for their "Standard Plan," but their WRITTEN Prop Mgmt Agreement actually lists many fees and limitations.
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16 September 2024 | 2 replies
I am not a W2 employee so constantly limited by my DTI when it comes to bank lending even though I am savvy with saving, house hacking, etc to keep my cost of living down.