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13 February 2025 | 9 replies
While these loans make it easier to buy a property, they come with challenges:- **PMI Can Be Costly:** With less than 20% down, you’ll likely pay $150-$300/month in private mortgage insurance.- **Interest Rates Can Affect Refinancing Plans:** If rates increase, refinancing to remove PMI or lower payments may not be an option.- **Scaling Can Be Tricky:** FHA loans are typically for primary residences, meaning you’ll need to strategize if you plan to purchase additional properties.Thinking through financing options and backup plans before you buy is essential.### 5.
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12 February 2025 | 15 replies
I'm currently in Potomac, working at a private school here.
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12 February 2025 | 10 replies
Also, a few private lenders or hard money lenders might have some more creative terms for multifamily, especially if you're open to considering that route.
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22 January 2025 | 0 replies
Leveraging our market connections, we identified the property’s potential and negotiated favorable terms directly with the seller, securing it at a highly competitive price.
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16 January 2025 | 10 replies
I do a lot of private lending and we do make some passive interest, but the good fixing flippers make the bulk of the money.
17 January 2025 | 2 replies
We were not able to recover any yard damages due to other damages they had left that needed repair, which empted out their security deposit.
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3 February 2025 | 8 replies
I am interested in utilizing space again for group meetings, workshops, and for clients who may still desire private space.
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18 January 2025 | 15 replies
Depending on your income needs, pulling equity out and lending privately combined with a fulltime or part time job may be another option that doesnt bring as much boom or bust risk as flipping.
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20 January 2025 | 7 replies
For short-term gains, options like private lending, where your IRA acts as the lender, can provide consistent returns through interest payments.
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8 February 2025 | 13 replies
Most lawsuits against landlords involve wrongful eviction, security deposit disputes, and Fair Housing Violations.