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15 October 2024 | 2 replies
A few quick tips:Run your numbers – Flip for a profit by factoring in renovation costs, holding costs, and market trends in the area.Line up financing early – If you're using a VA loan, it's great for long-term holds, but for a flip, hard money or private lenders might fit better.Build your team – Lean on your local contacts (family, friends, or contractors) to be your boots on the ground.
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14 October 2024 | 6 replies
Likely, the entrance barrier is not that high but the leaning curve is pretty steep.
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17 October 2024 | 9 replies
I have been leaning towards LTR with my education, but STR seems to make sense in the scenario.
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13 October 2024 | 1 reply
It's convenient because they live on-site.
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15 October 2024 | 6 replies
Thanks @Chris Seveney that's where I am leaning as well, keep it clean because I don't think its possible to revalue 50% assets that I buy and keep mine at same basis.
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15 October 2024 | 34 replies
My average price point sale is about $1.3m on my own so it was a smarter move to make less overall money, but to have a lean system to operate and not manage and try to help agents anymore in that way.Hopping into every forum I post on to have a go at me is very embarrassing for you.
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16 October 2024 | 16 replies
Side note, she was able to get into this property for just under $13k and we we're able to negotiate the seller putting in a new AC unit as well as paying a $7000 invoice to a contractor to replace the roof.Moreover, if your credit is solid, I'd opt toward a 5% down conventional loan if you're leaning toward the 3.5% down FHA route.
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13 October 2024 | 8 replies
Well I'll say If you prioritize speed and convenience, selling to a wholesaler might be the better option.
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20 October 2024 | 147 replies
We can debate it here at our convenience, not much to debate though.
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12 October 2024 | 5 replies
Find out what is motivating them and lean in on that.