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12 February 2025 | 12 replies
The latter part of my post was referring to the protection of the account, not the assets through funding but the cash left on-hand.I think because banks are or were typically used for ck, savings, etc, I never looked to them as offering IRA/SDIRA.When I opened my account (2018) it was with specifics in mind and now I am reevaluating.
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21 January 2025 | 4 replies
Conventional loans are typically in your personal name, while investment property loans, like DSCR loans, will need to be in your LLC's name.
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29 January 2025 | 19 replies
I am not a lender, I'm an investor that typically buys major city-center multifamily.
29 January 2025 | 20 replies
That will typically generate a response from the PM to negotiate a settlement and avoid an investigation.
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28 January 2025 | 8 replies
Typically an FHA lender will want to see 2 years of work history in the same field before they will approve you for a loan.
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11 February 2025 | 20 replies
Thank you Nick - unfortunately it is the name of the game in this space that there will be people with bad experiences, typically when the appraised value doesn't come in as what they expect and they lash out at the lender accordingly (anyone in this space obviously understands this occurrence).
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24 January 2025 | 0 replies
Typical renovations include:Cosmetic Updates: Painting, flooring, kitchen and bathroom upgrades, and landscaping.Structural Repairs: Fixing any underlying issues such as foundation repairs, plumbing, or electrical updates.Efficiency Improvements: Adding energy-efficient windows, new HVAC systems, and better insulation to increase the property's overall value.The goal of the rehab phase is to increase the property’s market value while making it an attractive place for tenants.
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22 January 2025 | 5 replies
Typically if you attend any investor meetings about 1/2 the crowd in many groups are agents looking for business.If you want to network, try service clubs, alumni groups, charities, religious groups, hobby groups or whatever interests you.
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22 January 2025 | 7 replies
Hey @Jaycee Greene, we typically get loans from smaller local banks.
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11 February 2025 | 20 replies
Typically lenders can lend up to 50% of what your gross income is.