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15 November 2024 | 12 replies
If you're playing Poker, and you have put a lot of chips in the pot, but your hand hasn't improved enough from all the draws, what do you do?
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11 November 2024 | 12 replies
Originally posted by @Bob Daniels:*Disclaimer* My account has only been open for 3 months, which isn't nearly long enough to draw a solid conclusion from.I recently invested 1k with them in their long term growth fund as a test run to see how accurate their claims were.
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14 November 2024 | 13 replies
So back to the drawing board....and yes, the financial piece has to make sense...
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10 November 2024 | 5 replies
Many are adjusting their draw funding guidelines on the fly.
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8 November 2024 | 3 replies
What this means is that the rehab funds will be held in escrow and you will need to request draws once work has been completed.
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11 November 2024 | 4 replies
If you do 203k loan (FHA renovation loan), you can wrap the reno into the loan, but it is a bit complicated on the back end with the draws to the contactor.You are using a lot of book words that may not go together in real life so you want to start going to meetups in Des Moines and meeting other investors so you can see what they have done.
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12 November 2024 | 8 replies
But I draw the line when there is risk of damage to the property, annoyance to the neighbors, health concerns, pests, etc.
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12 November 2024 | 17 replies
The holes would need to jump through would be getting an architect involve to stamp a set of drawings. 2) We plan on self managing.
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21 November 2024 | 39 replies
Trouble starts when owners “live off” the entity, instead of taking a salary or owner draw.
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13 November 2024 | 13 replies
You could do a fix and flip loan where depending on the property you could qualify for up to 90% LTV for the purchase and 100% for the rehab (this is done on draws).