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24 May 2024 | 2 replies
Rentometer: This tool helps you determine rental rates by comparing them to local listings.
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24 May 2024 | 19 replies
I am getting ready to purchase my first rental property in Oklahoma City, OK and I’m looking at an home that is priced under $80,000.I plan to put 25% down to get the best rate.I’m from California and haven’t run into this before... but it seems like there are lending minimums and a conventional loan of $60,000 isn’t something I’m finding easily.I could likely get a hard money loan or get a HELOC on my primary residence and purchase the home with cash... but I don’t like these options because the interest rates are higher than a Conventional loan.Besides hard money or a HELOC, are there any suggestions on how to get this smaller loan at a reasonable rate?
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24 May 2024 | 5 replies
Real estate can appreciate overseas but you could still lose money based on currency exchange rates and strength.
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24 May 2024 | 3 replies
So, yes, you can absolutely get a traditional loan using 20% down an receive a loan with lower closing costs and a lower interest rate...or you could go the other route.Hope that makes sense how I am describing it.
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24 May 2024 | 100 replies
Look at their rates and look at their booking calendars.
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24 May 2024 | 27 replies
I found Third Fed Credit Union with a great rate prime - 1.01 = 2.24% for balance over $50K.I have a great rate on my Primary home (in CA) and investment property so I don't want to do a cash-out refi.
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23 May 2024 | 43 replies
It costs money to have a faster turn rate.
25 May 2024 | 6 replies
In times such as this with high interest rates, or to have a competative offer, you might offer all cash at a lower price with a short closing time frame to a seller in order to get a good deal.
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23 May 2024 | 11 replies
Charge the tenants a higher rent rate and include utilities with their rent.