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14 January 2022 | 2 replies
I’m in the process of flipping a ranch with a basement 1300 sq ft upstairs- with space off the kitchen - not sure if I should move laundry upstairs- it will require new hookup/plumbing - basement will be fully finished but I was thinking of older buyers ?
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15 January 2022 | 1 reply
The investor could then be prohibited from leasing any additional space to prospective tenants that offer pizza, even if it’s an ancillary part of their menu.
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17 January 2022 | 7 replies
I am in the multi-family space, so I am able to amplify my returns by economies of scale.
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23 March 2022 | 2 replies
I want to use this line of credit to fund the 20% down and Rehab of a property. the line of credit is estimated $418Kexample: multi-family house costs $700,000.0020% down payment is $140,000.00Rehab where possible, paint, new rugs, maybe new appliances to update the experience for the tenants. $10K -$15KMortgage loan estimate amount is $560,000.00-at some point I will need to get an updated appraisal of the property with the update value -After Appraisal assuming the updates improve the value of the property, I would refinance to a new loan.the new loan amount would need to be at Least $700,000.00 to cover the original loan amount and to allow me to repay my line of credit.is that correct?
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22 March 2022 | 10 replies
I have contacts/friends in the space) or even recently been speaking to some commercial contacts about warehousing/industrial investments.
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30 January 2022 | 2 replies
If his business occupies 51% or more of the space in the building, then SBA is most likely the best option for this, and it's possible to do 10%.
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31 January 2022 | 7 replies
I do have a dream of being some kind of real estate mogul though, ha...This entire idea of selling this QC home has stemmed from the fact that my husband is now 100% remote in IT and the house has no dedicated office space.
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30 January 2022 | 4 replies
It has almost 3200 sq ft of space.
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30 January 2022 | 3 replies
What if they closed it down and you couldn't rent either space until converting it back to a single?
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30 January 2022 | 0 replies
For those that might holler about liability protection: we have kept them leveraged with cash-outs, have a substantial umbrella policy in place, and very simply we just make sure we keep the properties maintained and are good operators with happy residents.We are now transitioning into a more commercial space and plan to roll out that LLC structure.