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15 June 2020 | 18 replies
There can be astronomical attorney fee's for doing all kinds of things throughout the process (i.e condo docs).
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16 June 2020 | 3 replies
Not interested in paying the astronomical fees that HML charge, as I don't need a rehab loan..I am not well versed with how this type of bridge loan market works, so making sure I am not being taken for a ride.
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10 February 2021 | 1 reply
In the short run, they had to dig deep to come up with ridiculous shortfalls in rental income to cover expenses, despite astronomically high rents.
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20 June 2020 | 11 replies
My previous concerns with NY real estate are largely well known already- high bid up sale prices, low CoC return, highly favorable tenant laws, etc.Now on top of the rent moratoriums from COVID, landlords also have to deal with new statewide tenant protection laws enacted toward the tail end of 2019 that provide an astronomical amount of tenant protections. https://www.rebny.com/content/rebny/en/newsroom/in-the-news/2019/Housing_Stability_Tenant_Protection_Act_2019.html/also not looking good for "mom and pop" investors: https://www.amny.com/news/rent-laws-new-york-1-32225521/Bottom line is, I'm sure there are NY residential landlords in here.
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30 June 2020 | 2 replies
@Jonathan AguayoI did a 15 year mortgage on my first rental because of the astronomical repayment difference and then refinanced it to a 30 year within a couple years once I saw the even greater opportunity cost.
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7 July 2020 | 13 replies
With house hacking, I put very little down but that would make my payments astronomical, right?
29 December 2020 | 119 replies
Even if a full-ride isn't an option, I would still attend college but I would look for a school with the lowest tuition because I think college is astronomically priced.
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10 August 2020 | 3 replies
I received a quote close to 10k and it seems astronomical to me.
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8 August 2020 | 2 replies
We bought the property during a peak in the market, and because of the value at the time of purchase, our city taxes are astronomical.
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13 August 2020 | 25 replies
This deal exemplifies what I love about real estate, it's a flexible asset that can be manipulated to accelerate wealth building at an astronomical rate if you're willing to get creative and use your brain.