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21 January 2025 | 18 replies
@Joe Gellenbeck Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?
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22 January 2025 | 5 replies
His "owner occupied" loan application is ok if he intended to live there when he applied.
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20 January 2025 | 4 replies
I’m curious: are others who house hack buying homes they can just barely afford, or are you sticking closer to the ~30% housing rule and using house hacking income as an added bonus?
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20 January 2025 | 9 replies
Same applies with any other State, check Licensing, BBB or Corp Lic.
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21 January 2025 | 2 replies
You can self finance or you can apply for a DSCR loan.
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12 February 2025 | 75 replies
RULES I ALWAYS FOLLOW IN MY WHOLESALING BUSINESSBe honest with peopleDon’t lie to people about anything in your wholesaling business, and never try to screw anyone over.
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7 February 2025 | 22 replies
It is what it is - if anything you lose a little and learn some lessons going forward to apply to your real estate investing career.
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8 February 2025 | 12 replies
Additionally, you can still find deals that will cash flow and hit the 1% rule and amazing appreciation potential.
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25 January 2025 | 8 replies
Hello All,I am new to the REI world and have applied to be a franchisee for a house flipping company.
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30 January 2025 | 19 replies
Still tons of positive cash flowing deals that meet the 1% rule and amazing appreciation here!