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20 February 2025 | 22 replies
Other than that, the NMLS specifies no restrictions on the matter. not sure its NMLS who actually regulates it NMLS is just licensing registration I think its still the states that regulate..thats why you need a MLO in a certain state then register with NMLS if you have a MLO..
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15 January 2025 | 34 replies
Then they make a **** load of money on them, and still collect on loans which they never make (plus interest).
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30 January 2025 | 6 replies
It will also allow you to focus more of your time and resources in the actual real estate vs. raising capital which usually leads to poor real estate acquisition and operational decisions because raising capital is your full time job leaving an inadequate amount of time for the real estate.OK, chasing 32unit apartments, acquisition priced between 3.2M - 4.8M.
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17 February 2025 | 5 replies
Possibly; but there's nothing out there from recent years associating it with any actual increased risk.
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1 February 2025 | 17 replies
It is actually the only thing I do.
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25 January 2025 | 26 replies
It's a load of bull.
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7 February 2025 | 4 replies
If you actually need to do permits on everything or just structural fixes and big items (I.e. roof, siding, windows, etc.).
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1 February 2025 | 7 replies
Here’s why:Putting aside the actual physical danger of living in a fire prone area.
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14 January 2025 | 4 replies
By all means give them a note on how to use all of the appliances (eg clean out the lint trap on the drier after each load, do not use dish soap in a dishwasher, change the furnace filter regularly, etc).
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1 February 2025 | 23 replies
This is the "dream" of many investors - retire with paid off rentals with cashflow to enjoy their golden years.5) Hard Money Lending (HML): this is actually an easy one.