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6 February 2025 | 27 replies
Rates in this range are also typically higher, making it tough to achieve viable cash flow.A more practical and attainable option would be 20-25% down.
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27 January 2025 | 29 replies
I mean, why bother to practice what you preach?
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15 January 2025 | 15 replies
Only caution is if they don’t have checkbook control and there’s a time crunch going through the custodian can cause delays and red tape to deal with.
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12 January 2025 | 7 replies
@Janine Sharma The decision to classify your onsite mobile home park property manager as a W-2 employee or a 1099 contractor depends on the degree of control you have over their work.
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16 January 2025 | 5 replies
Practice analyzing deals, explore surrounding markets if NYC feels too competitive, and stay persistent, closing your first deal takes time but is well worth the effort.Good luck!
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20 January 2025 | 62 replies
It is common practice for mortgage companies to later sell the already funded loan to a 3rd party like a hedge fund or a bank after the fact.
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14 January 2025 | 15 replies
I find it odd that this isn't a more standardized practice.
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18 January 2025 | 11 replies
Mortgages for LLCs with personal credit under 680 are tough and expensive, and under 640 are typically not really economically practical for the borrower.
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13 January 2025 | 4 replies
Visit RestoreFMB.com for practical resources and tools that can be replicated in other communities to help LA through this process.No one rebuilds alone.
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23 January 2025 | 7 replies
This is a practice by some less than reputable companies.