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9 July 2024 | 2 replies
Here’s how to navigate these issues and negotiate with "AS-IS" sellers.Step 1: Asking the Right QuestionsDuring the initial phone call or walkthrough, I ask the seller key questions to assess the condition of the well and septic systems:Do you have any well reports, logs, purity tests, or flow tests?
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12 July 2024 | 40 replies
Risk assessment.Our 3 bankers all have stress test calculations in our deals.
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9 July 2024 | 9 replies
Run owner reports.After testing a few apps, one of them should stand out for you.
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9 July 2024 | 6 replies
on the other hand, ask them to allow you to test and clean rather than them give a hearsay appear and disappear story.
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9 July 2024 | 29 replies
Short answer: STR and REPS are TWO DIFFERENT tests, unrelated to one another.
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9 July 2024 | 12 replies
It's the best way to test what you like and don't like in a low risk environment.Once you've done this, you'll probably have even more saved up and experience to make you more confident in choosing a direction.If you decide to just dive into one of these markets and strategies, I'd recommend focusing on your personality, goals (cash flow first or something else) and how much time you have.
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8 July 2024 | 14 replies
Once you have a shortlist, sign up for an account with each one and test them extensively to see how they function.
8 July 2024 | 4 replies
Perform due diligence, including soil tests, environmental assessments, and surveys to ensure the land is suitable for construction.
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12 July 2024 | 79 replies
9- Does he take real estate license test?
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7 July 2024 | 7 replies
entp.hud.govYou also want to make sure you run the math to ensure it passes the "Self Sufficiency" test where the unit rents must support the PITI by using the 75% and vacancy calculation.