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29 January 2025 | 12 replies
Despite rate cuts, we aren't seeing the lending market agree with their expectations on inflation.
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7 February 2025 | 15 replies
i'm willing to break even monthly if i can cut out a lot of those up front costs.
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23 January 2025 | 26 replies
It is hard to figure out if I will make anything but VERY clear the fees (lol).
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30 January 2025 | 5 replies
@Kiryl Ulanovich,You're on the right track:Get Pre-Approval from Hard Money Lender – Know your terms and limits upfront.Find a Deal Through a Wholesaler – Verify numbers and ensure it meets your criteria.Review the Assignment of Contract – Confirm terms, earnest money, and contingencies.Conduct Due Diligence – This includes an inspection (if allowed), verifying ARV, and rehab estimates.Submit to Hard Money Lender for Final Approval – Lender will review title, contract, and property condition.Title Search & Clear Any Issues – Ensure a clean title before closing.Close Through Title Company – Finalize funding and take ownership.Consider also lining up contractors early for a smooth transition into renovations.
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19 January 2025 | 7 replies
Ask for seller concessions to cut down closing costs.
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24 January 2025 | 2 replies
For renewals, it’s wise to switch to TREC forms to stay compliant.Regarding disclosure, yes, you should clearly identify yourself as a licensed real estate agent.
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23 January 2025 | 9 replies
I understand I'd take a pay cut being an agent for the first few years, but in exchange, I'd be learning about the market and building a network as I move towards Commercial multifamily.
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6 February 2025 | 12 replies
I read your post and it looks like you want a partner but it wasn't very clear exactly what you want or what you're looking for.
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27 January 2025 | 10 replies
This is the only property we’ve ever seller financed, in case that clears up any questions you have about Dodd-Frank compliance implications.
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10 January 2025 | 1 reply
What would a fair cut of the profits be?