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31 May 2021 | 3 replies
The property is already a successful Airbnb, and I plan on continuing it.It’s a fully furnished tiny house in a community outside Asheville for $125k.Since it’s technically a manufactured home, however, I’m having trouble getting financing and making the numbers work.I was approved for a 10 year loan with 20%down, but it’s almost $1500 a month.
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1 June 2021 | 4 replies
If you have trouble finding the table simply call the zoning office and ask them to send you one.
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2 June 2021 | 2 replies
I am now out of cash.They produce about $3k a month between them all but I’d like to buy the next one ASAP rather than having to wait until I have saved up the downpayment.Anyone have any ideas please?
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6 June 2021 | 18 replies
My number for lean FIRE is $36k a year, so I should focus on higher-appreciating properties for the next few years to help me earn enough capital that I can then trade into properties that will produce $36k a year.
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31 May 2021 | 1 reply
For example, one way would be to structure it as a buy-out (offering an initial downpayment and then making regular monthly or annual payments with the revenue the business produces.)
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4 June 2021 | 9 replies
Since this will be an out-of-state investment purchase, we are having trouble figuring which areas of Fayetteville are good, making sure not to overpay for a property, finding a real estate agent in the area and good PM.
1 June 2021 | 3 replies
In a lot of places you can get in trouble (like triple damages) for withholding a SD that you shouldn't.
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21 December 2021 | 3 replies
I also requested additional documents like estoppel certificate, mold remediation that the seller isn’t able to produce.
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7 June 2021 | 17 replies
@Mary JayIf your credit is good now, buy income producing real estate.
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4 June 2021 | 35 replies
It could be an intentional deception to cover up trouble tenants and unload a problem on a buyer.