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19 January 2025 | 13 replies
I just go in at the first of every month and code each line item to the corresponding property and note what the expense was for (Repair, HOA Fee, Mortgage payment, etc).
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8 January 2025 | 22 replies
Can someone please let me know if this is ok for my first BRRRR.I got a $200k HELOC on my primary residence to help fund my first BRRRR. I bought my first investment property cash, for $101K. After closing costs, it w...
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19 January 2025 | 47 replies
With a mortgage the borrower signs a Note and a mortgage creates a lien on the property to secure the debt which must be recorded in the public records to provide notice to third parties.
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8 February 2025 | 5 replies
1st step is to make sure that the electricity is rated for having electric heat by the electric company.
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9 February 2025 | 10 replies
Look at occupancy rates, average daily rates, and competition to understand the potential for success.Property Management: Consider how you'll manage the property remotely.
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5 February 2025 | 5 replies
I'm a mortgage broker and can offer just about any product QM and non QM with competitive pricing. let's close some deals!
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9 February 2025 | 33 replies
I have 7 MTR and my income is 1.7x my long-term rates ($1200 vs $2000), but that is very specific to my properties, my location, my business model, etc.
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12 February 2025 | 7 replies
Then at the very least, someone is putting a significant amount into the equity on your home, and is also paying down your mortgage.
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14 January 2025 | 17 replies
On insurance side of things, there is a lot of variables.
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18 January 2025 | 12 replies
Rent, Expenses, NOI, Cash Flow, COCR, Cap Rate, Market cap rate.