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4 December 2024 | 3 replies
Go to furnished finder and airbnb to compare rents and determine your rate.
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3 December 2024 | 6 replies
If you are too high, market rate customers will ignore you.
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5 December 2024 | 15 replies
They offer competitive terms and have a robust track record, but you may find their rates and points can vary based on the specifics of the deal.Roc Capital: They focus on fix-and-flip loans with favorable LTVs, and they’re known for quick underwriting.
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3 December 2024 | 15 replies
If your rate is low on the 5 unit, I might consider the possibility of a line of credit for my equity instead of an entire new mortgage.
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3 December 2024 | 4 replies
This would lower your down payment requirements, lower your interest rate, lower your property taxes, and MAY make you exempt from state income tax.
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5 December 2024 | 10 replies
JoeEven if you can find a way to get a license, I don't know why you would.According to google, Las Vegas has 150,000 hotel rooms, and occupancy rates are at ~75-80%.
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6 December 2024 | 10 replies
For nonpayment, and assuming it's a market rate property, you can't post for nonpayment until 7 days after the due date.
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4 December 2024 | 4 replies
I would set up a family trust, if you have a ton of equity maybe you refi the properties into an LLC but if you are locked in with lower rates then I wouldn't touch the ownership piece yet.
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3 December 2024 | 2 replies
Looking to tap into it without doing a cash out refi to replace the existing rates with current rates.
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5 December 2024 | 5 replies
Personally, I'm on a hiatus until rates come down a bit.