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30 January 2025 | 19 replies
@Jadan WilliamsIf your job is flexible enough to allow you to live anywhere, that's an amazing place to be.
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15 January 2025 | 29 replies
Pooling the funds together allows me to maximize every investor dollar and minimize idle cash.
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28 January 2025 | 7 replies
With current interest rates, and they are at least 1% higher with potentially additional points for non owner occupied property, it is hard to find properties that will allow for positive cash flow after paying the mortgage, if you are looking for money for the down payment from a private lender, those are normally at higher than market and I am not sure it would be possible to pay it off.... please remember you need to take into account that you may not have a tenant for a certain amount of time, a tenant may stop paying rent, or you will have a big ticket item to fix, so I would wait if I were you and save to have enough for the down payment and closing costs and perhaps some money set aside for repairs. you also want to make sure that you have your own emergency fund outside of the money needed for the investment property because life happens ....
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18 January 2025 | 36 replies
That's a terrible idea.He should either install a smart thermostat that allows him to set limits, or he should remove her from the property.
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23 January 2025 | 31 replies
This allows investors to maximize their returns without having to directly face the more restrictive regulations.What do you think about this alternative?
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20 January 2025 | 19 replies
They like to back out of deals when we have multiple people going in and out and legally allowed to deny us a walkthrough.
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15 January 2025 | 2 replies
I’d offer to sign the form if I was allowed to cross out everything between brokerage firm and during the terms.
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17 January 2025 | 3 replies
I am not an expert here but my thought is that you would learn a lot by getting your license and have more credibility in the industry at large so if your time and finances allow- get that license:)
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13 January 2025 | 5 replies
They allow you to include up to 6 months of rent payments in the loan if you are unable to occupy the premises during the renovation.Just to be complete, it's also worth mentioning that both the VA and USDA have renovation loans.
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13 January 2025 | 15 replies
This will allow you to take on bigger deals with your cash on hand.LTC is a ratio with the potential to limit your loan amount.