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26 January 2025 | 3 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
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7 January 2025 | 5 replies
If so, it's a good idea to start mapping out both the rehab and refi portions.
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20 January 2025 | 62 replies
I bring deals already put together so lenders just need to process.Each time I begged them to be honest had adequate time to have gotten loans from other lenders.They have no clue
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8 January 2025 | 10 replies
You are working a demanding corporate job but also want to build rentals on the side.
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16 January 2025 | 26 replies
We’ve seen investors struggle when properties are in areas more suited for first-time homebuyers than renters.
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27 January 2025 | 13 replies
I'd sit down with your $10k Attorney (What's this waste of time's name?
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10 February 2025 | 19 replies
I work all over Milwaukee county for my day job and also have rentals for over 30 years.
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10 January 2025 | 6 replies
I am also a licensed EMT, and would love to provide housing for travel nurses, contractors, etc. in that realm since I can relate to them in previous jobs that I've had.I'm looking to invest in these states preferably: Georgia (1st choice - preferably near or south of ATL or in/near Savannah), Alabama, South or North Carolina, and Florida.
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29 January 2025 | 47 replies
I learned too late, you still have time.