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2 May 2024 | 16 replies
I have no experience there, but I am sure finding the right person to trust for a long time would be an issue here.
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1 May 2024 | 30 replies
The builder has corrected grading issues twice before where there was standing water in my backyard, but it looks like the issue was never resolved.
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1 May 2024 | 2 replies
My brother-in-law has been financially successful in real estate, but to avoid family issues, my wife and I have resolved to be self-sufficient.
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1 May 2024 | 7 replies
As expected, the judge has issued a stay on the case pending future action by the City.
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29 April 2024 | 3 replies
@Dominique Coffin,This is much more common in our current interest rate environment.
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1 May 2024 | 4 replies
The overwhelming majority of tax liens are ultimately redeemed, so buying in your name in search of anonymity down the road shouldn't be an issue.
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1 May 2024 | 7 replies
Biggest downside is that they have a prepayment penalty, so that's something you'll want to consider if you think you might want to refinance in the next couple of years. 3-5 year penalties are common, but you can choose to buy it down to a shorter period of time if you'd like.
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1 May 2024 | 12 replies
The issue is tech savvy customers have figured out how to scam it and I can’t get satisfaction from their customer support.
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1 May 2024 | 9 replies
We are thinking of doing something like that but wondering if the people will have issues with who spends most.
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30 April 2024 | 2 replies
Here are some common financing options:Traditional Mortgage: Obtain financing from banks with a down payment, paying off over time with interest.Hard Money Loans: Short-term loans with higher interest rates, often from private investors, suitable for quick acquisitions or credit-challenged investors.Private Money Lenders: Individuals or groups offering direct loans, with terms negotiated privately.Seller Financing: Buyers make payments directly to sellers over an agreed period, with terms negotiated between parties.Home Equity Line of Credit (HELOC): Borrow against existing property equity with a revolving credit line, typically offering flexibility.Real Estate Crowdfunding: Pool funds with other investors via online platforms for various real estate projects, offering diverse investment opportunities.1031 Exchange: Defer capital gains taxes by reinvesting sale proceeds into similar properties within a specific timeframe, useful for tax optimization.REITs (Real Estate Investment Trusts): Invest indirectly in real estate through publicly traded companies, offering liquidity and diversification.Joint Ventures/Partnerships: Collaborate with other investors to share resources and risks, leveraging each other's strengths for larger projects.Subject To Financing: Buy a property subject to the existing mortgage that's in place on the property (doesn't get paid off when the property sells).Assumable Mortgage: Buy a property and assume the mortgage that the seller already has in place.Lease Option: Rent a property with the option to buy it prior to a later date.Debt Service Credit Ratio (DSCR): A loan approved based on the income potential of the propertyThese options cater to different investor needs, preferences, and financial situations, providing flexibility in real estate investment strategies.Thanks,