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12 January 2020 | 2 replies
I recently tried on a investing calculator to run the numbers on a potential houses I will be using the VA loan on but where it says down payment I have 0 which returns an infinite cocroi but I know it's different bc it is not taking into consideration the use of the VA loan.
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13 January 2020 | 12 replies
If we had everything up to date and fully rented we would have approximately $2850 gross rents, not quite the 1% rule we would like, Does anyone know if an appraiser would take rents into consideration if there are not alot of comps for small-multi?
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25 August 2014 | 7 replies
There are many variables to take into consideration in regards to this matter, as a lot of things are state specific.
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1 November 2014 | 23 replies
It will help your understanding, probably increase your circle of contacts and may draw you to one over the other.
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19 August 2014 | 15 replies
Easy enough to see in Google ImagesI like @Joe Demonte 's example that draws the eye to a feature--the fireplace.What is the purpose of patterns (whether wood floors, tile, wallpaper, etc.)?
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1 September 2014 | 19 replies
I think the consideration you'd want to have for Arrowhead vs.
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20 August 2014 | 16 replies
@Oscar Toledo Another option, if the deed restrictions allow, is to build/renovate the second house, draw up condo docs, and sell off the other house without subdividing the lot.
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18 August 2014 | 1 reply
The Quick and Dirty of Wholesaling Lease Options…Here are the basic steps:1) Find a motivated seller who wants to sell their house on a Lease Option…2) Get the property under an “Option To Lease Option” contract…3) Find a qualified tenant-buyer who has a good down payment and a good chance to get a mortgage in 6-12 months…4) Sign the Lease Option paperwork with the Tenant-Buyer…5) Assign the Lease Option docs back to the seller…6) Keep the Option Consideration / Deposit and give the Seller the first month’s rent…7) Put the Tenant-Buyer in a credit repair program with your mortgage broker…8 ) Deposit your money & move on to the deal!
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21 August 2014 | 6 replies
IF there is a considerable savings for an ACV policy, AND other investors with more experience and knowledge than me (won't take much) recommend changing to ACV policies, I would definitely strongly consider changing.
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22 August 2014 | 15 replies
We own 5 houses and have put a total of $75k into our class A properties worth over 960k in appreciating rent/market cities (mortgaged considerably less since teh properties were short sales and foreclosure).