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28 March 2024 | 6 replies
@Ryan Bakerian- yes as most lenders rental proeprty rate/ term refinance max loan to value is 75% of appraised value ....if loan to value allows it - he can also roll in any loan fees/ closing costs and prepaids into the new loan
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28 March 2024 | 4 replies
Loans secured by two- to four-unit properties, investment properties, or second homes are not eligible. https://selling-guide.fanniemae.com/Selling-Guide/Originatio...However, there is NOT a state law against it but because of the above most lenders even if they are not selling to Fannie/Freddie do not allow it.
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28 March 2024 | 4 replies
Usually in less than 30 days (or I don’t do buy in the first place).The input in the post only allows for a 20% annual return.
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28 March 2024 | 8 replies
I use Innago as a management program which allows different taxable entities for the rents, which would assist when it comes tax season.
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28 March 2024 | 3 replies
I would not want to move money from an after tax account to a pre tax account even if allowed.
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28 March 2024 | 0 replies
This approach allows for the identification of undervalued properties in areas poised for growth, irrespective of the current interest rate environment.Strategy #3: Optimize Property Management PracticesEffective property management can significantly enhance the value of real estate investments.
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28 March 2024 | 1 reply
You would buy with FHA loan -> refinance to conventional, purchase with FHA again, rinse and repeat...is this allow,if change to a conventional would my month cost increase?
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28 March 2024 | 8 replies
There's pockets all over the greater Tampa Bay Area that are B class and up but balancing that with a decent cap rate is going to be tricky unless you either have low cap rate expectations or are will to do value add to the property or being more creative such as using a short or midterm rental strategy or even room by room with padsplit.2) Verify as well the 1031 is going to allow "like for like" into a single family.
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29 March 2024 | 21 replies
Experience will allow you to see through that.
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28 March 2024 | 3 replies
Essentially, we extracted the ADR and occupancy rates to see the variations between potential revenue based on how many guests are able to stay at the properties.The goal is to shed some light on the different levels of demand depending on the # of guests allowed as well as to see which months attract the highest demand (hint: it's March, April & October).