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27 April 2024 | 20 replies
Based on the information provided about the tenant being on disability and history of hospitalization I would suggest having the local authorities do a wellness check.
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30 April 2024 | 2 replies
I found the law firm handing the bankruptcy, but they will not provide any information.
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30 April 2024 | 22 replies
They provide passive income if you invest at least $25K with them and they use it to buy, hold, and sell airBnb-able properties.
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1 May 2024 | 7 replies
The additional advantage to a DSCR loan is that they do not impact your DTI and you can keep them inside of an entity to help provide an additional layer of liability coverage if you would likeEntities would also allow you to be flexible in your ownership structure, if you need to add someone like a credit partner to help get better terms.Just shot you a DM, would love to see how we can help.
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30 April 2024 | 43 replies
I believe that this strategy not only offers lucrative short-term gains but also provides valuable experience in the real estate market.Additionally, I am enthusiastic about acquiring rental properties as part of a portfolio.
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30 April 2024 | 7 replies
Make sure you have all your amenities lists no matter how trivial you might think they are.Call out cool stuff you provide.
29 April 2024 | 17 replies
Many investors get scammed by agents & turnkey providers selling them Class C properties as Class B.The Metro Detroit area offers a wide range of investing options - as long as you deal with the right people:)PM us for more info.
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29 April 2024 | 5 replies
You have to talk with your mortgage providers to see if they are allowing you to move them to an LLC.In rental is good to have an LLC for liability however for taxes there isn't a big difference in small investments.Your credit report won't show the mortgage anymore but you still have the liability in your history.
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30 April 2024 | 1 reply
In these cases, I typically close on the first appointment provided the seller is ready to hit the market and we've agreed on terms.Urgency:- If a seller is ready to sell asap and NEEDS to liquidate the asset I would go for the close then and there as long as we're on the same page regarding pricing, commission and other terms.- If a seller has a flexible timeline or is 'not in a rush', I play it by ear & I play it cool...
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29 April 2024 | 32 replies
Hi Everyone, I was under contract for a property but I didn't qualify for financing because the lender that provided the preapproval changed its financing source while I was looking for properties for a couple of weeks and as of now, they do not provide loans for foreign nationals anymore.