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24 August 2019 | 4 replies
I did a tenant screen check (cozy.com) on all 3 individuals that will be living in the property and everything checks out and they make a combined $5500 a month, they currently study and work.I’m not too crazy and the flip because there isn’t much equity to be made over spent on the rehab i think so I’m left with about 15-20k if it sells with the current price listed but doing a BRRRR may make more sense in this situation.
26 August 2019 | 11 replies
Some of the "nothing-down" proponents used to , and may still, suggest that you give a seller the choice of several different scenarios for the purchase of their property.For example you could offer full payment in cash, a larger payment with owner financing, a lease option, or any other combination of concessions and rewards to entice the owner to sign.Thing is, I do not know how well this would work for you.
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25 August 2019 | 1 reply
Could I combine a home equity loan with other loan types for higher leverage?
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2 September 2019 | 22 replies
My partner and I make about 100k in combined income.
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26 August 2019 | 14 replies
My partner and I make about 100k in combined income.
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27 August 2019 | 5 replies
Get some postcard/business card combination and hand write a note to the owner asking if there is an opportunity to buy his property located at (address).
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26 August 2019 | 3 replies
You could sell the rental houses and take out an equity line on your personal residence then use the combined proceeds to flip or develop properties.
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26 August 2019 | 1 reply
This is a strategy many of my investors use, and it combines the house hacking strategy with the power of BRRR investing.
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25 August 2019 | 0 replies
We both have credit scores above 740 and make a combined income of $230k.
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29 August 2019 | 2 replies
Over time you could even combine the 2-3 properties and pay with ONE mortgage note with a Non-QM portfolio loan if you like or keep them all separate.