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16 September 2024 | 24 replies
In Philly, my current tenant is paying 3x the long term rent through CRS (a temporary housing provider) because he lost his home due to a fire.
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20 September 2024 | 9 replies
Hello everyone, I've done 3 buy and hold rental properties, and now I want to do flips, I need investors and I have some that have shown interest, in addition to speaking to private lenders that are willing to fund 70% of the LTV (based on the desired property)I'm seeing a lot of deals from wholesalers, but the problem is, some of them close in 2 weeks and some as long as a month, and they don't take conditional offers, and the good ones fly off the shelf really quick.My question is, how does someone like me close one of those deals within this short period, how do you arrange the equity and financing with little to no inspections sometimes even.I'd like to know how do I prepare myself to be able to close one of these good deals right away when they are offered to me and many others?
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17 September 2024 | 6 replies
The county assessor has it as $502 but says that is a placeholder for all land values in the Pima County area.Our next option is to find a RE professional who can perform a limited scope land appraisal by pulling land comps from the area.
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18 September 2024 | 6 replies
Talk to some HMLs and see what they are offering for rates and terms and what they will do for a deal review that can help you confirm your deal numbers.
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15 September 2024 | 0 replies
Athletes should be compensated for their performance regardless of professional status.
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14 September 2024 | 2 replies
hi just read the book and here to foster some partnerships in development (land to turn key) and short term airbnb rental scaling. i own a few pcs of real estate and rentals and was previously a licensed agent in CA, nice to meet you all
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16 September 2024 | 9 replies
Anyone have insight on these being better markets for traditional long term rentals vs. 30 day minimum extended stays / MTRs?
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20 September 2024 | 2 replies
As long as they are going to occupy one of the units, you can get a very low money down option for loan if you are co-signing.I have a 22 and 21 year old so I understand this.
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16 September 2024 | 12 replies
If you are lookign to occupy the property as a primary, then you'd need to look at the conventional (Fannie HomeStlye Reno loan for example) or FHA (203k loan for example).As for the takeout, again so long as the ARV is strong enough to support it, you have credit and income to qualify (if you go the Conventional DTI route as opposed to DSCR), you should be able to refinance into a long-term loan no problem.Feel free to DM me if you'd like to chat more on this!
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16 September 2024 | 7 replies
The gist is that their clients (primarily doctors) purchase homes at the end of the year, turn them into short-term rentals, and switch them to mid-term rentals at the turn of the new year.