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24 January 2025 | 5 replies
With the exception of building a trailer on the property (these are hard to finance), this sounds like a good plan AND if you are using it for your business AND your business pays more than 50% of the rent (if you have more than 1 tenant), then this is a more financeable property in the eyes of banks and credit unions as it would be consider a commercial "owner-occupied" property.
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13 February 2025 | 16 replies
Seller will owner finance the portion she can.To those who have been walking down this path, how are you funding these projects?
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7 February 2025 | 4 replies
Owners do NOT understand this:(
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3 February 2025 | 1 reply
My goal on this platform is to expand my network and develop relationships with brokers, owners/operators, investors, and others who are looking to learn more about multifamily real estate!
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14 January 2025 | 3 replies
Ask to speak with some of their current owners and current/former tenants.
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5 February 2025 | 18 replies
It is a great starting point for what an area is like if you haven't been there before. https://www.areavibes.com/Its gives you a total livability score and helps understand a little bit about the area
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31 January 2025 | 17 replies
My job every month is to operate with as little $ as possible in banks that pay nothing, getting every dollar possible into my money market accts earning 4%+.
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5 February 2025 | 6 replies
In general would you :A) Speed to get it on the market orB) take a little time to make it feel bigger?
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2 February 2025 | 4 replies
Since the original loan was apparently for a primary residence an LLC could never qualify because it isn't a person who would owner occupy the property. 2.
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29 January 2025 | 5 replies
From my experience, if I had started in real estate right after school, I would have very little network and little to no funds for the RE exam, CE classes, and networking registrations.