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14 February 2021 | 1 reply
Investment Info:Single-family residence fix & flip investment in Hollywood.
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14 February 2021 | 0 replies
There are also houses that have potential to be flipped in both locationsPurpose of financing: Construction of our own home, Construction of rentals, purchase of our own homes and purchase of rentalsType of financing sought: More than likely Construction loans for home and rentals, Conventional Loan for purchases, but I am open to suggestions of anything that might work betterCurrent or prior ownership of real estate: I have not owned any real estate, only built and soldOccupancy: investment with traditional long term leasesValue of property at present and/or your offer price: Our home we build estimated appraisal $225,900, estimated appraisal of rental in Bella Vista, AR: $170k-175k, Estimated appraisal value in Vinita, OK: $145k-150kAnticipated or actual appraisal issues: noFair market rents per month: Bella Vista, AR: $1200-1500 , VInita, OK: $700-$1200Down payment or equity: Anything I build, I project to have 18%-20% equity at completion of constructionSource of down payment funds, if applicable: Possibly HELOC after we complete construction of our houseIncome Source: Salaried in Data Cabling Industry, 2 yearsGross monthly income (optional): $7,000Monthly debt obligations appearing on credit report, plus (if applicable) personal rent and alimony/child support/etc: $700 debt, $850 rentFICO: Good-ExcellentCredit issues: N/AQuestions: If I go to a bank to get a construction loan to build my own house to live in, would I still have the borrowing capacity to get another construction loan to build, at minimum, one small rental to purchase with intent to rent out?
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16 February 2021 | 19 replies
S8 is a consideration but I n Ed to do further research on that
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15 February 2021 | 3 replies
There are also houses that have potential to be flipped in both locationsPurpose of financing: Construction of our own home, Construction of rentals, purchase of our own homes and purchase of rentalsType of financing sought: More than likely Construction loans for home and rentals, Conventional Loan for purchases, but I am open to suggestions of anything that might work betterCurrent or prior ownership of real estate: I have not owned any real estate, only built and soldOccupancy: investment with traditional long term leasesValue of property at present and/or your offer price: Our home we build estimated appraisal $225,900, estimated appraisal of rental in Bella Vista, AR: $170k-175k, Estimated appraisal value in Vinita, OK: $145k-150kAnticipated or actual appraisal issues: noFair market rents per month: Bella Vista, AR: $1200-1500 , VInita, OK: $700-$1200Down payment or equity: Anything I build, I project to have 18%-20% equity at completion of constructionSource of down payment funds, if applicable: Possibly HELOC after we complete construction of our houseIncome Source: Salaried in Data Cabling Industry, 2 yearsGross monthly income (optional): $7,000Monthly debt obligations appearing on credit report, plus (if applicable) personal rent and alimony/child support/etc: $700 debt, $850 rentFICO: Good-ExcellentCredit issues: N/AQuestions: If I go to a bank to get a construction loan to build my own house to live in, would I still have the borrowing capacity to get another construction loan to build, at minimum, one small rental to purchase with intent to rent out?
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21 February 2021 | 1 reply
There are also houses that have potential to be flipped in both locationsPurpose of financing: Construction of our own home, Construction of rentals, purchase of our own homes and purchase of rentalsType of financing sought: More than likely Construction loans for home and rentals, Conventional Loan for purchases, but I am open to suggestions of anything that might work betterCurrent or prior ownership of real estate: I have not owned any real estate, only built and soldOccupancy: investment with traditional long term leasesValue of property at present and/or your offer price: Our home we build estimated appraisal $225,900, estimated appraisal of rental in Bella Vista, AR: $170k-175k, Estimated appraisal value in Vinita, OK: $145k-150kAnticipated or actual appraisal issues: noFair market rents per month: Bella Vista, AR: $1200-1500 , VInita, OK: $700-$1200Down payment or equity: Anything I build, I project to have 18%-20% equity at completion of constructionSource of down payment funds, if applicable: Possibly HELOC after we complete construction of our houseIncome Source: Salaried in Data Cabling Industry, 2 yearsGross monthly income (optional): $7,000Monthly debt obligations appearing on credit report, plus (if applicable) personal rent and alimony/child support/etc: $700 debt, $850 rentFICO: Good-ExcellentCredit issues: N/AQuestions: If I go to a bank to get a construction loan to build my own house to live in, would I still have the borrowing capacity to get another construction loan to build, at minimum, one small rental to purchase with intent to rent out?
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5 March 2021 | 12 replies
I don’t like feeling behind the 8 ball if I find a good deal for a fix n flip.
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15 February 2021 | 0 replies
Just 34.4 million passengers went through the gates at Los Angeles International, Ontario, Hollywood Burbank and Long Beach airports last year as the Covid-19 pandemic took hold.
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26 February 2021 | 15 replies
@Jonathan Pflueger,The company is R e n t to R e t i r e m e n t .com.
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17 February 2021 | 1 reply
Any advice when handling distance purchases outside the usual due diligence (your own inspection, area analysis, etc.).Current condition:~$125K all-in budget • Focused on cash-flow and buy-n-hold • Focused on learning via 1st property more than a return.