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30 January 2025 | 8 replies
For example, State Farm typically requires the latest inspection report for underwriting on multi-family properties that are over 30 years old.
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22 January 2025 | 9 replies
I occasionally receive emails of off market properties in the Nashua area, I focus on the seacoast, I'd be happy to forward those to you.
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30 January 2025 | 4 replies
We typically see FICO scores in the 560-620 range for Class C, below 560 for Class D.Recommend only looking at convictions & evictions in the last 2-3 years, ignore older ones.Focus on the last 2 years of employment via YTD paystub and 2024 & 2023 W-2's.
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22 January 2025 | 15 replies
@Jay Fayz for SFR (1-4 family) Classifications are mostly opinion-based.Not aware of anyone tracking eviction rates, except Evictions Lab nonprofit that doesn't like landlords.Here's some info that might helpt:---------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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24 January 2025 | 0 replies
Just underwrite a refinance assuming about 30-36% of the money you will receive goes to refinance closing costs at worst, and find discounts when you can.
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26 January 2025 | 32 replies
Quote from @Levi Flowers: Quote from @Edward Caballero: Its crazy to see all the negative reception that NWAC is receiving when I've had nothing but a positive experience?
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21 January 2025 | 8 replies
So, make sure YOU understand the copy & paste info below:Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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28 January 2025 | 19 replies
After receiving five reviews on Vrbo, I attained Premier Host status.
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20 January 2025 | 2 replies
@Paul Washington Below are the meets ups I typically go to.IMPACT Grapevine - https://www.meetup.com/DFW-REI-Network-Investing-Meetup/- Started in Bigger Pockets this group meets on the 4th Monday of each month.
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29 January 2025 | 21 replies
I would read up on "Squatters Rights" laws and how long a typical eviction takes to execute.