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7 August 2024 | 6 replies
And in the first 4 to 6 months he will net over 100k on a 20k investment And I make my normal funding fee's which are higher than HML fees but I dont do appraisals and i have zero junk fees..
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8 August 2024 | 7 replies
I assume you are referring to 3.5% and 5% down,Well the 96.5% LTV FHA Product is great, it typically offers more competitive rates than the 95% LTV Conventional product.However there are stricter requirements on the property for an FHA product.Speak with a broker who knows what they are doing and they will point you in the right direction.Neither of these products will qualify for 5+ Units however, stick to 1-4 units.
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6 August 2024 | 29 replies
I do actually offet an hourly rate, but it is $350 an hour.
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7 August 2024 | 17 replies
I would offer them a redo on a M2M, perhaps at a little higher rate, and tell them if they don't go that route you will go hardball when they illegally break the lease. 3.
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6 August 2024 | 6 replies
I send out a one sheet that has our current rates and terms, all the steps involved, and expectation of documents needed.
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10 August 2024 | 10 replies
The challenge with BRRRR right now is interest rates and getting all of your money back out.
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8 August 2024 | 12 replies
May sell another 11 units that's around a 10 cap rate because I'm retiring.
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7 August 2024 | 7 replies
I know there is an annual fee and there may be additional fees.
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8 August 2024 | 4 replies
Interest Rates are going down and that will also help with any new investment or cash out refi and keep growing the number of doors.
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6 August 2024 | 5 replies
We have been talking to a few property management companies and all of them seem to have astronomically high fees and very tenant friendly management agreements.