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16 February 2018 | 3 replies
Hi I am new to the investment community and my husband and I are looking for a seasoned CPA who is an investor themselves and have a solid base of investor clientele.
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17 February 2018 | 11 replies
Your writings indicate your just looking to pay cash and have a propertyThe theory with brrr is you get it below market, fix it, rent it, way till it is seasoned (6-12 mos) then refinance it and get all your cash back because you have 20%+ equity in the dealAs an example I bought a condo for $70k, put $20k into it, rented it for $1500 and refinanced it as it appraised for $140k so I took a 90k loan to get my money out (don’t take extra but some may- personal preference).Now I got my 90k cash back, so no cash in deal and rent is paying PITI + condo fees and still cash flowing $200.
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20 February 2018 | 8 replies
Just a thought since the money is technically seasoned just in account that isn't quite accessible, yet.
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19 February 2018 | 9 replies
It’s not hard to find a lender that does not require seasoning.
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10 October 2017 | 4 replies
Washington likes to sling about some largess after big events like the ones we've experienced this hurricane season.
11 October 2017 | 1 reply
After reading some older discussions on BP--it seems like I am missing some fundamental information.
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10 October 2017 | 1 reply
Two older houses two streets back are both on the market for $600k+ and both state that they are valued based on new home potential on the land.
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10 October 2017 | 5 replies
I used to so more seasonal tenants (like just for summer) but it wore me out.That said, after someone has settled in and renewed a few times, I will be open to the option of letting it go to month to month.
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6 June 2018 | 8 replies
The owners are an older couple who aren’t necessarily real estate investors, I think they just owned this for a tax write off.Any help is greatly appreciated!
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5 June 2018 | 3 replies
I'm currently looking at a deal in a quiet, older neighborhood.