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18 July 2024 | 7 replies
Some considerations are the type of loan (Conventional, DSCR, etc), the type of property, the market the property is in, the location, your income and employment, the timeframe on the cashout - the list goes on.Generally speaking, you *should* be able to cashout refi up to 75-80% LTV of the appraised value after rehab, usually following a seasoning period.
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17 July 2024 | 15 replies
She reached out to me and asking if I can waive the late charges because she laid off and looking for a new job and she doesn't have the rent for now and no time frame to pay the rent.My answer was no and I offered her to pay what she owes and move out immediately before I start the eviction process.
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17 July 2024 | 18 replies
There's no guarantee for staying in a 2 month time frame but if that's your goal then you have to use The following rules:1.
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15 July 2024 | 2 replies
Likely has about 40% (0r more) in expenses.
15 July 2024 | 3 replies
The leak damaged the flooring and fixing the issue may result up to $10K in expenses.
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17 July 2024 | 32 replies
Most homes selling over asking in under a week on market with rentals being scoped up in the same timeframe.
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18 July 2024 | 17 replies
It's important if you're going into a new area that doesn't have a ton of development yet, but you are very confident in, to purchase as much inexpensive land as possible before your plans become known but to also make sure you drive enough volume in that area to make it clear to tenants that they're not in a desert outpost all alone.
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15 July 2024 | 33 replies
Your target area can be as large as a state or as small as a neighborhood. 3.One of the greatest benefits of websites that generate motivated seller leads…it is very inexpensive to generate leads.4.Another great benefit of generating motivated seller leads from a website; some times you are the only person the motivated seller contacts to receive an offer on their house.
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13 July 2024 | 13 replies
Looks like houses are fairly inexpensive.
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15 July 2024 | 8 replies
If you're reserves aren't getting enough to cover inflation, you are going backwards.About my best idea is to look at your time frame.