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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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21 January 2025 | 20 replies
Example: $500k home sales price, typical buyer agent commission of 2.5%, meaning buyer agent commission is $12,500.
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11 February 2025 | 15 replies
Private Money Lenders are going to be hard for a primary residence as it is an investment and typically they want to see a return prior to two years - also, the house would need to be purchased at a discount which would limit your options on a primary residence - now if you are looking for something that needs some work that you are planning on fixing up, it would be a little more feasible.
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11 February 2025 | 4 replies
Yes there are broker's out there that also don't do good business, but they typically work with clients that do not know any better.
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13 January 2025 | 15 replies
Does Hard Money typically cost 30-40% of the purchase price??
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17 January 2025 | 22 replies
In my experience, a successful BRRRR typically comes down to two main things: finding a good deal and managing an efficient renovation.
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10 February 2025 | 29 replies
I would have already filed lawsuits - if you know of 10+ typically there is more, and those who get in line first get to eat first - you do not want to be like the guy in office space and sit around and do nothing and not be the one to get a piece of the cake.
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10 February 2025 | 6 replies
Hi Ryan,Typically construction financing isn't based on your taxable income and rather more contingent on your experience, FICO and the deal itself.
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29 January 2025 | 22 replies
You'll have access to owner occupied loan products, therefore saving on your down payment, typically 3-5% compared to 20-25% for non owner occupied properties.
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19 January 2025 | 1 reply
These deals typically require larger cash outlays (50k-100k) per deal minimums.