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26 February 2025 | 30 replies
The information shared is based on my experience and industry knowledge and should not be considered legal, tax, or financial advice.
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12 February 2025 | 12 replies
@Markus Shobe Haha yep it seems like I just need to create my own...I already use a bunch of spreadsheets so that's fine, I can do that, I was just curious to if anyone had a base model/template I could use. :)
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12 February 2025 | 3 replies
--AI Analysis----ChatGPT pointed out that the math for Ten flips per year, the text shows$787,500 for Year 2, when it should be $1,012,500, adding that for Year 3, the result should be $4,556,250 as the initial investment should Gemini said this:The math for the "POWER OF FLIPPING Case Study with $50,000" appears to be accurate, based on the information in the source.
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25 February 2025 | 10 replies
However, the entitlement is based on your remaining entitlement and the county loan maximum where the property is being purchased.
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18 February 2025 | 13 replies
If you want to find someplace to land pick it based on environment/people.
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28 January 2025 | 27 replies
I'm just presenting an alternative perspective.
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3 February 2025 | 0 replies
I am based in Virginia and licensing requirements here seem manageable.
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8 February 2025 | 12 replies
Loan seasoning requirements are usually based on the note date and the loan purpose, like cashout refi.
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22 February 2025 | 6 replies
That affects your loan amount and then principal & interest payment.2) Estimate rents based on recent rental comps3) Account for all operating expenses such as property taxes, insurance, repairs & maintenance (landscaping, snow removal, cleaning etc), property management (if applicable), vacancy, utilities (what does the tenant pay vs what you would pay?)