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27 January 2025 | 35 replies
Here is my simple Top 5:1.Review the market – Understand the trends and conditions in the area.2.Analyze the property and the numbers – Ensure the deal makes financial sense.3.Visit the property – There’s no substitute for seeing it firsthand.4.Meet the team – Whether it’s your property manager, builder, or contractor, relationships matter.5.Complete inspections and appraisals – These protect you from costly surprises.If all these boxes are checked and the numbers work for your goals, then it’s likely a solid deal.
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24 January 2025 | 9 replies
Loan-to-value allowances vary, but seem to top out at 75-80%, and even that figure can be misleadingly optimistic in light of the appraisal difficulties (described below).
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28 January 2025 | 3 replies
You should have 25% down payment + closing costs, + an oh Sh*t fund on top of that.
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28 January 2025 | 6 replies
My goal is to build a successful flipping business while keeping family time a top priority.
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23 January 2025 | 11 replies
On top of that, once the check-out date arrives, the TV will automatically erase all the login information, making it ready for the next guests arrival.
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4 February 2025 | 13 replies
Frankly, no matter how well you do safety, dumb guests will find some way to hurt themselves so insurance is a top priority.
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28 January 2025 | 8 replies
On top of that, FHA has very strict and particular rules around income.
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29 January 2025 | 6 replies
Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.
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25 January 2025 | 7 replies
If the investor is actively involved and can stay on top of materials, roll with it!
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22 January 2025 | 4 replies
Living in top unit and renting out the bottom.