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23 June 2024 | 7 replies
I have the MLO and continue the CE but as you mention, the call reports etc, are very painful.
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22 June 2024 | 5 replies
If anyone has good practices that they follow when undergoing underwriting for MF properties, I would appreciate any tips.
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23 June 2024 | 25 replies
I am sorry to hear that and understand the pain of putting money into an investment property?
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23 June 2024 | 67 replies
It would be a long, painful, drawn-out learning experience for you, and unless you plan on specializing in assets like your duplex for the next 10-15 years to get your real estate investing career off the ground, I don't think it's worth it.I do speak from some experience here, Marlia.In 2017, I bought a duplex that was a converted from a big old single-family.I bought the duplex for $5000 at the county sheriff's sale.
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22 June 2024 | 6 replies
Small pain for long term gain though.
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21 June 2024 | 3 replies
If I need to undergo a colonoscopy to determine if a lender makes a 30 year loan to people with an 815 FICO at 85% LTV with an in place tenant and monthly income of $1400 with a market value of $125,000, or if you can't tell me any interest rate info until I submit my tax returns to you...
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22 June 2024 | 129 replies
It happens faster in places like the smokies because the $ value is much higher so pain is a lot worse.
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21 June 2024 | 10 replies
If ownership is the same as Partnership B, then we're looking at two separate K1s which is a pain.
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25 June 2024 | 39 replies
I would also like to see word art die a quick yet painful death real soon!
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21 June 2024 | 13 replies
They are worried about underwriting the deal to today's costs with the concern that rents might not rise to cover the additional costs (keep in mind, I'm in FL with huge insurance rate jumps...but other areas are feeling similar pain).