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25 January 2025 | 24 replies
Also, banks typically use a valuation process that does not favor the BRRRR strategy.
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25 January 2025 | 6 replies
This helps you stand out from the typical lowball inquiries the agent may have received.After the walkthrough, if you’re ready to move forward, explain your reasoning.
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24 January 2025 | 7 replies
However, a wall sitting on top of conc. is not typically allowed however, there are work arounds.
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12 January 2025 | 20 replies
@Matthew Drouin had a great reply:"Typically 50% of revenue is going to go right to operating expenses on small multi family.
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10 January 2025 | 20 replies
I’ve been thinking DSCR but don’t they typically have higher down payments and closing costs?
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29 January 2025 | 5 replies
For the multi-family, lenders typically count about 75% of projected rental income toward your debt-to-income ratio, which should help if the property is cash-flowing.
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27 January 2025 | 12 replies
Testing the entire BRRRR process to see if it's the right strategy for me long-term.building equity through rehab and build out will be best achieved with a lower priced cash purchase---typically wholesale. or word of mouth. depends on the region though. lots of ways to hunt for good BRRRR candidates, but hunting on the MLS typically wont get you low enough prices to make sense....My brother-in-law, who owns a landscaping company in Lee’s Summit, works with a lot of local builders and has been a huge help...This sounds like a great resource for finding subs that will do the work for you independently. most subs can do other types of work as well.If you’ve worked with trustworthy contractors or subcontractors in the Jackson County/MO area (especially those familiar with investment properties), I’d love your recommendations.
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16 January 2025 | 2 replies
Typically, structures are grandfathered under old codes and zoning in which case it would be called compliant, but non-conforming.
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23 January 2025 | 165 replies
I was doing some research yesterday, a typical wildfire generates radiant heat of about 1,500F and with high winds can reach up to 2000F.
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20 January 2025 | 5 replies
I've done a few so I'm typically offered 90% LTC.