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1 March 2024 | 140 replies
That's the typical "high yield" range -- granted "high yield" can also means 3%-4%.
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1 March 2024 | 40 replies
Typically the maximum loan is the lesser of $50,000 minus your highest out standing balance in the last 12 months or 50% of your vested account balance.
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1 March 2024 | 10 replies
I don't typically look at anything smaller than a 4unit due to the challenges with cost vs rent ratios. 4 and above do better for us.
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29 February 2024 | 28 replies
Because, house hacking can produce great returns, it’s highly flexible, it teaches you essential RE investing skills, but (compared to more advanced strategies like BRRR'ing, flipping, wholesaling, or out of state investing), it is comparatively lower risk, simpler and more beginner-friendly—and therefore has a higher likelihood of success.Here are the top reasons house hacking is the bestway to get started in REI:1.
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1 March 2024 | 3 replies
Although I plan on having a title company run a title search and run and O&E report on any property I plan to bid on, I've still spent a lot of time understanding the typical foreclosure property due diligence- looking up the owner and property details on the PA site, looking up the various public records, liens, etc. and trying to understand the chain of title as much as possible.
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1 March 2024 | 28 replies
For a SFH there typically needs to at least be some sort of equity and if not, then the debt to income needs to be strong.
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1 March 2024 | 13 replies
It's essential to thoroughly analyze your financial situation, consider potential risks, and make informed decisions based on your specific goals and circumstances.
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29 February 2024 | 6 replies
Banks typically lend based on the asset's ability to repay, which directly relates to its NOI, rather than its replacement value.
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29 February 2024 | 8 replies
Yes - this is typical on properties of this size
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28 February 2024 | 0 replies
To earn passive income through REITs, investors can purchase shares through a broker or online investment platform.3.CrowdfundingCrowdfunding platforms allow investors to pool their money with others to invest in real estate projects, typically with lower investment minimums than traditional real estate investments.