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23 July 2024 | 10 replies
That's the reason why despite 66,000 duplxes, there are barely any on the market (about 120 listings currently excluding the hood) - the reason is simple, you are basically an idiot if you are selling your duplex when you buy another house.
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20 July 2024 | 4 replies
It would have to be a home just barely worth $375,000 or greater, and would hopefully cash flow.Or we could go for two single family homes, less expensive, and put $70,000 down on each.
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20 July 2024 | 10 replies
Your price barely meets this minimum criteria, so it is not a discount.
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22 July 2024 | 19 replies
You can probably search the bigger pockets website for attornies that work with investors in your area.If the numbers on the deal barely meet your investment target then consider hiring an attorney to work with the estate and see if you may be able to get an additional reduction in price.
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20 July 2024 | 9 replies
If this is the case, don't be afraid to do the bare minimum to get the space up and running, and then add items as needed over time after you have some rental income to play with.However, if you are planning on transitioning these to STR's in the future though, I'd definitely recommend getting as close to fully set up as possible before launching.
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20 July 2024 | 15 replies
The number is ticking up but Ohio is still fine in vast majority of cases - anything over loan balance of $110,223 (2024 limit) doesn't apply - since most DSCR lenders have minimums around $100k loan amount, barely affects thingshttps://com.ohio.gov/divisions-and-programs/financial-institutions/consumer-finance/guides-and-resources/loan-prepayment-penalty-and-adjustment#:~:text=Effective%20January%201%2C%202024%2C%20no,loan%20of%20less%20than%20%24110%2C223.
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18 July 2024 | 3 replies
It was admittedly somewhat of a frustrating process and I got the impression that lenders purposefully make it challenging to remove and do the bare minimum to meet the federal guidelines for removal (very slow responses to PMI removal inquiries requiring multiple follow ups, incomplete or missing information on the process of removal or borrower rights, calculating LTV incorrectly, etc, etc).
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18 July 2024 | 24 replies
Marking up repairs & maintenance, farming out customer service to people that can barely speak English, charge a lot of junk fees, etc.I'm just not comfortable doing any of that.
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22 July 2024 | 28 replies
I was not bared from doing any further business etc etc..
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17 July 2024 | 10 replies
Here's only a start, barely scratching the surface.1.