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31 January 2025 | 5 replies
Going to try out PayRange, the Shine Pay is slightly more expensive and the one quote about the 20 units appears to be from shinepay as it is the only qoute they ever made... not sure which is better but both look like good options
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4 February 2025 | 5 replies
If they do, your best bet is a local community bank that funds these types of properties.Another option is a private lender but that money will be pretty expensive, as mentioned 10% +
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29 January 2025 | 0 replies
Financing options do exist: hard money loans, renovation loans, and some traditional mortgages can be used on distressed properties if criteria are met.
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29 January 2025 | 12 replies
REI websites that offer sales data usually offer market rents when you switch to the rents option.
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8 February 2025 | 7 replies
@Joshua MartinSince you might sell next year, a HELOC is probably the better short-term option—lower upfront costs and flexibility to pay it off when you sell.
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29 January 2025 | 7 replies
But you have a few different options.
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29 January 2025 | 6 replies
Another great option is the BRRRR method (Buy, Rehab, Rent, Refinance, Repeat), where you buy a fixer-upper, renovate it, rent it out, and refinance to pull your cash back for the next deal, and this is a good route because most private lenders can go higher LTV than on a rental loan!
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29 January 2025 | 25 replies
Your credit score will be worth improving to acquire better financing options.
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20 January 2025 | 6 replies
My budget will be around $200k but I’m meeting with a lender on Tuesday to go over all of my options.
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31 January 2025 | 17 replies
There are risky, but high return options like QQQ which grew 27% over the last year or on the other side / safe end, there are super secure short term US government bonds like SGOV which pays out about 4.5% in dividends.