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13 May 2018 | 5 replies
The reason I have the comp spread so far apart is the land size i got comps of houses that sold with less land and better quality house for 400 and I got some with more land and smaller houses for 300.
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1 July 2018 | 15 replies
That method has given me much better success.
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14 May 2018 | 10 replies
It is typically much easier for you to buy "turnkey", however in my experince you will buy better quality from an owner who occupied the property than a hous that has been professionally flipped and the remodelling has been done skin deep.Cash and quick closing is not always an advantage.
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18 May 2018 | 8 replies
VA Guarantees loans for veterans.Provides guarantee to the lenders for the loan.PMI insurance is not required.The max entitlement is $104,250 * 4 = $417kInterest rates are negotiated with lenderPrepayments penalties are prohibited by law.VA loans can be assumedRequired that the veteran live in the property2% VA funding fee.I am looking at methods of financing a multifamily rental property.
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15 May 2018 | 2 replies
Use the IRV method Income _ net income void of property taxes and insurancedivided by cap rate say its an A property use 7% = valueI / R =V
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14 May 2018 | 4 replies
Not only that, but there are SO many problems that can go wrong as far as quality, timelines, money, additional materials, etc.
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14 May 2018 | 5 replies
The language will read something about livability and quality of life to explain the prorate for the water and not holes/paint.
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18 May 2018 | 8 replies
Is that not the normal method, or is it just a Boston thing?
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17 May 2018 | 3 replies
Although I've tried many methods, the one that has given me the most success is sending out blind offers to owners.
18 May 2018 | 36 replies
The middle class in the US is defined by having loans / credit to supplement your quality of life, like a house and car purchased with loans.