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11 December 2024 | 4 replies
So don't leave anything in an MTR that is irreplaceable.In addition to security deposits, you can also use the AirCover program for Airbnb bookings and third party services like Waivo and Safely that provide mini insurance per booking.
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16 December 2024 | 15 replies
if you're a few years out before starting in the US with RE Investing, the best thing you can do is work on your credit and safe money and start establishing business credit with banks and credit unions here in the USenjoy Panama, and good luck
7 December 2024 | 2 replies
Even if someone gives you the lay of the land, you would still want to go there to see for yourself, just as you would definitely have someone come check out Dorchester to see what they consider safe and not safe.
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10 December 2024 | 3 replies
However, it’s important to ensure the area is safe. in those areas I would recommend checking local crime statistics on SpotCrime. you can use this link for an example,to get detailed information: https://spotcrime.com/map?
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15 December 2024 | 13 replies
About 20% use DSCR (usually 20-25% down) and the rest are cash or hard money or something else.For $325k purchase:1) As a broker I would negotiate down as its been on the market a while and its especially now in holidays)2) I would also negotiate seller paid closing cost credits, most loans allow 3% which should cover most or all of that.3) Assuming you paid $325k but got closing costs covered I would anticipate a minimum of $32,500 down and maximum $65,000 down depending on lending product chosen.4) Remember you still must furnish and I use $20/ft as a safe estimate to fully outfit an STR property.Best of luck!
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9 December 2024 | 98 replies
If you think keeping money in your backyard keeps you financially safe, just remember how that did not workout in Greece.
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11 December 2024 | 6 replies
Repairs would generally be for costs <$2,500 using the de minimis safe harbor.
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9 February 2025 | 173 replies
From day one they promote themselves as high-quality, safe, service oriented and experienced.
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10 December 2024 | 4 replies
Down payment on FHA is 3.5% so you’re not wrong there and safe to assume another 2-4% for closing costs BUT you can negotiate seller assist to cover bulk of the fees if not all.
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10 December 2024 | 10 replies
I was hopping to find a very knowledgeable attorney who can tell me exactly exactly what to do or not and be on the safe side of the law.