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16 August 2024 | 9 replies
@Sam P.No concerns - as long as the titled owner of the property (ther LLC) i listed as an additional insured or interested party you will be covered.Thanks,-Megan
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12 August 2024 | 3 replies
And while we are at it, what are your Realtor nightmares you have been through?
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9 August 2024 | 5 replies
Unless you're on the beach, i'd avoid the flip flops and board shorts, but Also I think most people get defenisve or put off by suits when they are knocking on someones door, so Business Casual, collard shirt if that is something you'd wear or a Clean- Non Graphic T (unless you had your own made), clean cut dark denim jeans -- and some clean shoes.
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15 August 2024 | 6 replies
He gives a discount on his hourly rate for rental property owners in hopes of making a long term relationship.
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13 August 2024 | 97 replies
We are in this business for a reason, it is to solve a real estate problems.
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14 August 2024 | 9 replies
You should be able to get a 30Y DSCR loan under a 100k as long as the property value is 100k+.
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15 August 2024 | 4 replies
Hello Ilya,Where are you looking at purchasing your 1st property.When converting a property from a single family to a multi family, you will need to check on the zoning requirements, depending on your location, not every location has zoning.As far as lending goes, it is far easier to finance a single family up to a quadplex, than financing 5 plus units, the DSCR Market for 5+ units is extremely low right now, and there are few if any lenders in that space.For financing 1-4 units, there are Millions of dollars chasing those loans, so you can easily obtain long term financing, at rates between 5-7%.Please reach out if you have a property identified, and I can help you with financing options.
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14 August 2024 | 6 replies
One of the sites we use to calculate costs when we are outside of our home market is Homwyse.
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14 August 2024 | 6 replies
Jay, the deposit we are seeking is 25% of the purchase price (this down payment goes towards the buyers loan to buy the property) and ensures that the buyer will move forward with the deal as in any contract.
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15 August 2024 | 10 replies
As long your debt to income ratio isn't preventing you from borrowing more money, buy a rental and use the extra money you earn from that to pay down the highest rate mortgage first.