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29 January 2025 | 5 replies
That's wonderful.Your state requires 72 hours of Real Estate education.
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15 January 2025 | 49 replies
I used a private lendor to fund the re-hab (cash) and owner financed the purchase price (minus down payment) I have a bank account linked to Stessa and I see the cash deposit in the transaction tab.
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29 January 2025 | 3 replies
The answer will form around what work you are doing that requires permits.
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16 January 2025 | 7 replies
They didn’t completely destroy the house, I did keep most of their security deposit and used it for the repairs, along with some of our own cash.
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30 January 2025 | 0 replies
.- Creative Financing Solutions:Options like subject-to deals, seller financing, and syndications can lower capital requirements and increase your purchasing power while providing flexibility for properties with complex financial situations.4.
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30 January 2025 | 19 replies
As I understand, landlords there cannot charge application fees, security deposits and evictions are VERY challenging.Have communicated with several PMCs and investors in Ohio market and not aware of any real differences from Michigan.
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4 February 2025 | 7 replies
In those cases, the title company guided us on the necessary steps to resolve the title issues, and we did whatever was required to close the deal.
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6 February 2025 | 9 replies
You want a design that stays relevant, withstands high turnover, and doesn’t require constant costly updates.7.
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1 February 2025 | 14 replies
It's a very expensive repair (ballpark $15,000) and the cost depends on how long the sewer line is.A lot of municipalities here require dye tests and occupancy inspections.
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3 February 2025 | 5 replies
Quote from @Jokari Trueheart: HI, almost 11 months ago I purchased 3 duplexes and I borrowed the funds from my personal residence which I took out a equity agreement for the down payment on the investment property, great idea at the time because I have 10 years to pay it off and theres no payment requirement, but , I learned more about the consequence that it takes a large chunk of my equity the longer I take to pay it back, so my goal was to refi cash out the investment property to pay it back but I don't think theres enough equity yet to pull the full $106k needed, I only borrowed $88k but with the equity percentage for one year i'm paying about $18k in equity on top of the amount I borrowed if I pay it off in year one, so I need this paid off ASAP before it increases more.