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25 August 2019 | 2 replies
Because there is a considerable amount of equity available I would like to refinance once I have tenants established and use the cash to then apply towards purchase of my next buy and hold property.However the couple financial institutions that I spoke with and currently have relationships tell me that the home will need to be in my name and not an LLC.
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26 August 2019 | 1 reply
The property currently cash flows at about $8k/m, and has about another $2k/m cash flow upside as the rent increases we've instituted stabilize over the next year or so.If we cash-out refi, we'll have the chance to add another property to our portfolio (probably NNN in the $1.5m range) and keep a stabilized, cash-flowing asset; we'd cash flow maybe $1k more a month when all is said and done and diversify our holdings a bit.
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28 August 2019 | 10 replies
We have about 1200 active local investors (my personal estimate) and the institutionals.
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21 September 2019 | 7 replies
I am participating in online tax lien auctions.
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17 October 2019 | 21 replies
The sponsor had an institutional equity partner that was forcing a sale because of total mismanagement.
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4 September 2019 | 2 replies
I’m interested in participating in the HB Meet Up.
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28 August 2019 | 6 replies
But if the person works for an institutional lender, it shouldn't be hard to do some due diligence on them.
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30 August 2019 | 20 replies
If they could pay the same and stay in a furnished house, they would.You mention the medical and educational institutions.
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31 August 2019 | 40 replies
You can self-educate through books/podcasts and on-the-job training/experience, but if you truly love finance and want an institutional environment, go for it.
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3 September 2019 | 10 replies
Hell, I have one (but I don't do non-institutional financing as it could screw with my "day job" that I'm licensed to do, so don't hit me up :P ).