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12 June 2024 | 20 replies
Investing in Out-of-State Properties: Given the high property prices in Manhattan, I'm also exploring opportunities in other states.
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12 June 2024 | 4 replies
Literally.At the market/economic level, this policy is highly problematic in 2 major ways, both of which are inflationary.
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11 June 2024 | 5 replies
That being said, I am getting inspections of all major systems to ensure quality as this will be a hold for me (I would do it anyway, my name is on it).
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12 June 2024 | 7 replies
My doctor tells me that I have high cholesterol, clogged arteries, that I am overweight, and I need a bunch of expensive tests.
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12 June 2024 | 10 replies
Ultimately, I thought perhaps folks may have worked with a specific attorney that specializes in this sort of scenario, much like many of us share referrals for professionals that support the highly specialized needs of investors.
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13 June 2024 | 20 replies
My areas of expertise are PML/HML Foreclosure Tax sale ( not tax certs) and sub to wrap creative finance and development these are all things I do for my day job.. like my project in Oregon currently www.ivyridgeestatecanby.com 90 homes 700 to 1 mil each takes some expertise to buy develop get construction loans market sell and deliver these high quality homes..
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12 June 2024 | 20 replies
Your numbers and your realtor's numbers are obviously more hopeful than realistic based on the evidence.You are either buying in too high or spending too much on reno.
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10 June 2024 | 4 replies
We are choosing new build because A) our family 4 has a certain size demand B) the price-quality ratio doesn't seem to make sense when considering a preexisting home C) with interest rates being at near 8% with preexisting homes, builders are offering 5.99% interest rates and the exact home we are looking at is about $75K discounted because it's a spec home and the builder doesn't want to pay taxes on it.So, live in it for 5-6 years hopefully rent it out with a fully finished basement for potentially $4,200 in 5-6 years.
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11 June 2024 | 5 replies
Apparently our DTI is too high for the HELOC so we can do a cash out refi but that is less desirable because it means we cannot then get the loan for the rental property despite having 25% down.
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12 June 2024 | 8 replies
Other expenses that may be high?