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15 October 2024 | 5 replies
Ricardo,If you need immediate liquidity, selling might be the better option.If you’re interested in long-term wealth building and passive income, renting out the property using a DSCR loan could be a profitable strategy.Regards Joe
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14 October 2024 | 12 replies
At Easy Street Capital, we provide a one-stop shop for investors like yourself who want to fix up a property and then refinance using a DSCR loan.
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14 October 2024 | 37 replies
But in essence it is not different than using a refi on a real estate property, except that you are protected on the downside as the cash value only goes up while real estate can go down.
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17 October 2024 | 26 replies
I own it using a personal loan from a family member and I have someone getting me mortgage numbers.
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24 October 2024 | 139 replies
If you are using a good contractor than he should take the architects plans and specifications and give you a quote that is binding unless you change the scope of work or materials.If you are buying light rehab properties you must be familiar with the cost of replacing a bathroom and kitchen, painting, drywall and flooring.
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15 October 2024 | 9 replies
Now, granted I'm biased, but let’s do a comparison of potential returns between Pittsburgh and Mesa/Gilbert AZ using a $400K property example and forecasted appreciation over the next decade.
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18 October 2024 | 25 replies
Hi all,I've been trying to find updates of the 1% rule and whether it's working in 2024, specifically when you're using a mortgage at 80% LTV, 30-year mortgage.
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14 October 2024 | 9 replies
I created multiple LLCs using a registered agent company for $200 each.
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15 October 2024 | 21 replies
I also wouldn't be opposed to using a 203k loan to finance and renovate a multifamily to house hack and rent out (I know it's a lot more work and harder to achieve but I think the potential could definitely make it worth while, especially with the up coming changes going into effect soon).
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13 October 2024 | 7 replies
Another option can be using a Hard Money Lender, a lot of times there is just less red tape involved.