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14 January 2025 | 15 replies
It sounds like an ad you might’ve seen for fix-and-flip loans—lenders have been getting more aggressive in that space.
29 January 2025 | 20 replies
That would certainly provide added leverage should problems arise with bookkeeping, receipts, estimates, etc.
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23 January 2025 | 23 replies
I used the 75% rule on the income and added it and my DTI without the rental goes from 24% to 38%.Or does it just allow me to just take the net profit of that rental and add it to my rental?
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13 January 2025 | 4 replies
Then I consider letters of reference, cosigners, and added security deposit in order to meet approval.
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2 February 2025 | 20 replies
Or rather, my $100K -- which is a rough guess of revenue added by pricing / min stay automation across our two properties.
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13 January 2025 | 13 replies
Bridge Loan with Refinancing Exit: A bridge loan could provide a short-term solution to pull the cash you need now, especially if you’ve already added value through your rehab.
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10 January 2025 | 2 replies
From adding bi-fold doors to creating outdoor kitchens, we design spaces that make the most of Southern California’s weather.These trends not only elevate the homes we renovate but also ensure they stand out in the market.
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5 February 2025 | 38 replies
Thecompany continues to advertise on Google with paid ads.Source: Google Ads for Norada Capital ( Link )Summary of Red Flags and Conclusion:This report is not intended to be an exhaustive account of every material misrepresentation and apparent securities violations, but it provides more than ample evidence to show the following critical issues:1.
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12 January 2025 | 12 replies
I recommend researching the average appreciation over the past 10 years in your target area to get a clearer picture.As you know, in real estate, ROI comes from multiple sources: Home Appreciation: Reno Appreciation: Value added through renovations or improvements (usually just in the first year).
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21 January 2025 | 14 replies
Purchasing subject to allows you to (1) buy a property and pay a lower rate (3-4%) that was in existence when the loan was originated, so cash flow will be better as well as equity buildup; (2) not have to qualify for the mortgage saving time, expense, and allowing property purchases in greater number than otherwise and (3) no personal liability on downside (4) no debt added to your PFS.