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12 July 2024 | 7 replies
I am also getting 10k seller credit from seller, and could either use that one to buy down interest rate or just pay off the closing cost. the lender is giving me few option one with higher fund at closing and lower interest rate, and one with lower fund at closing with higher interest rate (about 0.2% difference) With the high interest rate right now, do you think it is better to do higher interest rate, and refinance later or should I just try to get as low as interest rate as possible and do not worry about refinance ?
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12 July 2024 | 17 replies
In our opinion, an investor should only work with agents that meet at least one of the following:1) Own rentals themselves for at least 24 months2) Have a 3-5 year track record of rental transactions, that they can document3) Know how to calculate 1% Rule, ROI, NOI, etc.4) Have access to tired investors selling the rentalsHopefully, the agents you've been referred to meet one or more of these:)
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14 July 2024 | 6 replies
Bandon, home of one of the most highly rated public golf courses on Earth (Bandon Dunes) is also a luxury oceanfront investment location.
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13 July 2024 | 6 replies
I've worked with REIs all across Texas without meeting in the flesh.
12 July 2024 | 1 reply
When rates came down we also did a couple of cash out refis on appreciated properties where we also took the proceeds and paid down other notes - again increasing cash flow by paying off higher interest rate properties with lower interest rate refis.
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13 July 2024 | 6 replies
I recommend you determine what it will actually cost, then adjust your rent rate accordingly so it's affordable for the renter.
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12 July 2024 | 10 replies
you can come meet me in NJ :) (out of state investor in york)
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15 July 2024 | 26 replies
If you’re nervous tell people you have to meet the pet but I wouldn’t automatically assume smaller equals better and larger equals worse. 3) If landscaping is the dealbreaker just pay for it.
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15 July 2024 | 24 replies
My rates are higher on VRBO so when I get bookings they are worth it.
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13 July 2024 | 3 replies
To stimulate deal flow (loan requests or note offers) I used attend about 15 commercial real estate meetings a month; now I email a newsletter or update every month to 15,000 commercial mortgage and loan broker contacts I have through LinkedIn.6.