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30 September 2021 | 8 replies
@Isaac Hayes I have never heard of a conventional lender doing this...you're looking at single family (1-4 unit) properties...unless you are using a renovation style loan or hard money, I highly doubt any mortgage originator using conforming guidelines would touch this...Down payment is skin in the game...a lender permitting you to retain your investment account without collecting your down payment?...
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30 September 2021 | 4 replies
I would set a year built filter with your other criteria and see what it returns...remove the filter and see if the properties showing are something you can be comfortable with.It's more important to focus on the location and configuration of the property and opportunity for value add than focusing on year built.That said, older properties (if not updated) will always require more work to get stable due to inherent issues associated with the building style and materials...stone foundation, slate roof, balloon framing, ungrounded or unsafe electric, and possible abatement of hazardous materials...
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1 October 2021 | 2 replies
I am definitely action oriented but do not want to jump in without some sound advise.
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8 October 2021 | 4 replies
style="-webkit-font-smoothing: antialiased; margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: 1rem; line-height: 22px; font-family: inherit; vertical-align: baseline; position: relative; overflow: hidden; height: 360px;">Hey everyone!
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1 October 2021 | 1 reply
Also, depreciation of bricks - means my dividends are taxed at 0% since technically I have a business making almost no profit.)Of course, this is without appreciation, AND without a 2008-style crash.
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2 October 2021 | 0 replies
I am not looking to accumulate many properties monopoly style and I can't be on the ground or get into any kind of fixer upper deals since I am living abroad.
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3 October 2021 | 1 reply
I tend to lean toward that there's more of a investment 'style' match that seem to work best, meaning not every property manager might be great for every investor and stylistically its best to interview a few.
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27 October 2021 | 7 replies
The home is dated in style and has not been renovated since the 60s but has been very well maintained and we are receiving a home that is furnished.
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17 October 2021 | 10 replies
having garden style small 600 sq ft units with almost 300 sq ft backyard for each unit in Tucson .the washer dryer connections are in the open in the back .
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15 October 2021 | 5 replies
Which one fits your personal style best?