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7 February 2025 | 12 replies
Small correction.. by small apartments we would be looking at 20-30 doors.
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28 January 2025 | 20 replies
And @Michael Plaks is correct that setting up in GA didn't avoid the CA LLC fee.
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5 February 2025 | 205 replies
This is a very valuable skillset to have in your arsenal as an investor that can dramatically increase your net worth in a short period of time if the strategy is applied correctly.
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26 January 2025 | 9 replies
Asking in the correct forum will get a better response.Read the RULES!
8 February 2025 | 89 replies
Finds (1) half of what plaintiffs told him is incorrect or untrue; the potential defendant has filed all the correct paperwork for Reg D and hence has “statutory” protection against almost all but fraud; unlike what the plaintiffs believe and told the attorney the risks WERE disclosed to them, NO specific return was promised them; and the defendants have not stopped communications; they merely grew tired of the 82 daily phone calls asking, accusing, and raging by the same three plaintiffs.
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23 January 2025 | 16 replies
Hello All, I took another look at their website and was trying to understand the difference between the individual Notes and the Funds.Am I correct in my thinking that ONLY Accredited Investors can do the Note Funds, while Individuals can do the individual notes?
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27 January 2025 | 14 replies
Ours are more like soft corrections.
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24 January 2025 | 11 replies
Nothing illegal about doing that, but if caught, the lender may call the loan due and if you don't correct the situation or pay the loan off, they willstart mortgage foreclosure.3) You could also go the HELOC route to tap the equity in the home, but the 12-month owner-occupancy will also apply AND the interest rate on the HELOC will fluctuate with the Fed Fund Rate.4) You could do a cashout refi as an investment property, but that will be at an interest rate 0.5-1% higher than owner-occupied rate.Suggest you meet with 2-3 lenders to explore your options about the above.Once you have access to funds, recommend you buy a 2-4 unit with 20-25% down. - You can buy owner-occupied, live in one unit, and fix up and rent the other unit(s).- If you're handy, recommend buying a property in the worst condition you can tolerate.
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25 January 2025 | 5 replies
Im assuming you want to invest out of state, correct?
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20 February 2025 | 33 replies
Just to double-check -- you're talking about adding alt text within your photos, NOT just the caption, correct?