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16 March 2018 | 8 replies
You just don't transfer title but it is exactlyor very similar as owner financing.
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18 April 2018 | 11 replies
Long story short, we had a similar situation with the family business.
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21 February 2020 | 2 replies
Perhaps, look in your local property recorder office for lenders who are making loans on similar properties.
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15 March 2018 | 3 replies
Get a duplex or similar that you can get some rental income from while you live there essentially for free.
16 March 2018 | 3 replies
I know this is a general question, but we are trying to figure out how to adjust calculations of fair market rents when comparing similar renovated versus unrenovated apartments.
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19 March 2018 | 38 replies
If it’s a fan motor or similar it’s not that simple, but the first place I look is a thermocouple.
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20 March 2018 | 6 replies
I could sell one of my properties (condo) use, that money for flips in Atlanta within the next 1-2 years build up additional funds to acquire an apartment complex, and to grow my portfolio, but I want to hear from some experienced investors and what they would do if they were in a similar position.Current Picture/Portfolio: Property 1: Condo (Atlanta, GA 30328)Current Rent = $1550/MonthUtility Reimbursement = $200-300/MonthHOA $383 (In line with HOA's for other communities) Purchased June 05th, 2015 and resided in property until Jan 22nd, 2017 (Total of 1.64 Years)Lease Started Jan 23rd 2017 and Lease Ends on June 30th 2018.Current Equity 135,000 (Purchase Price) - 85,000 = $50,000Current Comps Similar Properties are selling for $155,000 to $170,000Current Mortgage Terms: 15 yr Fixed 3.325% Monthly payment of $996 (Includes Insurance and Property Taxes)Anticipated Total Earnings if Sold at End of July $64,500 (Sell Price $155K) to $78,500 (Sell Price $170K) Property 2:Town-home (Peachtree Corners, GA 30092)Current Rent = $2000-4000/Month (AirBnB) 60-70% Occupancy since November of 2017Purchased July 28th 2017 and currently residing in basement house-hacking with my younger brother.HOA $325/Month Covers, Water, Lawn Maintenance, Sewage, Security GateCurrent Equity 336,000 (Purchase Price) - 265,000 (Remaining Loan Balance) = $71,000Current Comps Similar Properties are selling for $345,000 to $360,000 due to private/public school ratings going up shortly after purchase.Current Mortgage Terms: 30 yr Fixed 4.326% Monthly payment of $1823 (Includes Insurance,PMI, and Property Taxes.)
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24 December 2019 | 6 replies
That being said, with properties with similar floor plans and accessory units I am seeing sales in the range of 850-895K in late 2017.
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21 March 2018 | 4 replies
I'm in a similar situation as well and would appreciate hearing what options you propose as well @Nghi.
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16 March 2018 | 14 replies
Set up similar to a credit card when you can make "advances" against the line of credit you establish when you set up the HELOC.