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25 April 2024 | 11 replies
I'm based in Charleston but am in Columbia a few times each month.
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28 April 2024 | 11 replies
If you do want to transfer the title, you have to be mindful of your lender and willingess to cooperate, be prepared to pay transfer taxes based on the assessed value and other deed preparation & recording fees.Assuming liability protection is the primary reason, what events have recently transpired that have you concerned?
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25 April 2024 | 9 replies
I don’t think the cross reference with public records, but maybe that doesn’t match or something?
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27 April 2024 | 3 replies
I think this is all based on preference.
24 April 2024 | 7 replies
My understanding is that DSCR appraisals are on the basis of market rent and property value based on comps.
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27 April 2024 | 5 replies
LOL.There’s a WORSE WAY and a BEST WAY to try to obtain items 1-4 aboveBEST WAY: College or Professional Association courses in real estate (real estate license course as a base) and work experience for a REIT or other professional real estate organization and capital saved or equity raised from private parties with a MODERATE amount of debt leverage and or utilizing creative financing with low interest rate debt (may be highly leverage)WORSE WAY; Any guru courses or mentorship’s combine with high interest debt.
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27 April 2024 | 1 reply
Duplex is a great first step into the REI market if you can buy one that you can put in a little TLC/renovations, you can quickly refinance in as little as 6 months and buy another property keeping it as a rental.Duplex allows you to use the other "Unit" rents to qualify for the loan or higher loan amount.Rent is a waste of money when you look at an amortization schedule and payoff based on a 5 year model your rental has (ZERO) equity and a home has money you can pull out.
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26 April 2024 | 10 replies
I've labeled it Rent Income on my spreadsheet and it matches to my Tax Return details of Income/Expense.
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27 April 2024 | 15 replies
The truth is, about 99.5% of lenders who offer conventional mortgages in the US won't lend to someone who isn't based in the US, even if that person is a US citizen living abroad or works for a US company.
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28 April 2024 | 22 replies
I recommend looking into areas near economic bases - close to Nationwide Children’s Hospital, Ohio State Campus, New Albany, etc.