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22 July 2014 | 12 replies
So without that pretty pre-approval letter it made it very difficult to look at properties to get numbers to make sure it was a good deal and it was impossible to take action if I did not have said money in hand.Chris's question was to have a business plan to show non REI people to help him with his business and its more than pretty pictures its a professional way to communicate.
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8 October 2016 | 6 replies
It is difficult (but not impossible) to find an agent that will actually do data mining.
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25 October 2015 | 11 replies
Its almost impossible to find and even harder to catch.
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24 July 2014 | 11 replies
Reading here and doing research is the only reason I’m confident enough to consider getting into rental properties (and hopefully build long-term wealth).I have found a property that I’m interested in and I’m curious to hear if you more seasoned investors would go for it.I know it’s impossible to know online, but I’ll give you everything I know: 2 Flat – both 2 bed/ 1 bathListed at $119k, realtor indicated that there’d be some flexibility so I’m hoping to get it under $110k.Estimated Rehab $15k (I’m going to firm this up significantly before closing).Rentometer says fair rent is $900/unit.My gut knowing the area is that $700-$750/unit is a safer estimate.Taxes of $4,600Tenants would pay utilities, but I’d probably hire a lawn cutting/snow shoveling crew.Visibly looks like a single family and surrounded by other SFH on quiet street near pretty good schools.A partner and I are able to put down 25% and pay rehab costs up front.It’s in an older, but relatively stable southwest suburb of Chicago.Taxes suck in this town, but otherwise it’s an appealing town for me to be in.If anyone has thoughts I’d love to hear them.
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25 July 2014 | 10 replies
They are hard to find in the area but not impossible.
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7 August 2018 | 57 replies
Those types of deals are almost impossible for long-term success.
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25 July 2014 | 10 replies
Are you saying it's almost impossible to buy houses w/ zero down?
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24 July 2014 | 4 replies
So without knowing your actual contract details, it will be impossible to give an exact advice as to how you could get out.
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26 August 2014 | 27 replies
It would be almost impossible to find real estate investments that don't generate a higher return than your student loan interest being paid out.
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29 July 2014 | 23 replies
In my market I can rarely buy 3 bedrooms off the MLS - i'm in a military town with lots of landlords willing to pay a premium for 3 bedrooms, which makes it impossible for a rehabber to compete.