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27 October 2018 | 15 replies
Basement living area as a bedroom and the daughter moving back in after college until this situation arose.
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26 October 2018 | 5 replies
Factoring your tax liabilities and transaction costs will help you better understand if the strategy makes sense for this situation.
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5 March 2021 | 2 replies
More stress at the time = more cash in my pocket!!
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16 August 2019 | 25 replies
In an ideal situation I would add an additional partner that would focus almost exclusively on locating another owned rehab opportunity and to relieve lease up or financing issues from yourselves.
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25 October 2018 | 0 replies
I'm now in a situation where I'd like to start evaluating properties with a local agent who's familiar with the BRRRR strategy, house hacking, and can help me out with my goals in purchasing a new duplex in the Long Beach area (most likely south of the 405).
26 October 2018 | 1 reply
You situation is fairly common.
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27 October 2018 | 4 replies
I find myself in quite a similar situation.
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29 October 2018 | 4 replies
Once you've proven yourself, then you can consider a higher-risk situation with 100% leverage.
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9 March 2022 | 9 replies
The court is of little help in such situations since if tenant does not provide forwarding address, the court will not process a complaint. as a Landlord i am desperately searching for a way or a method outside of traditional credit bureaus to verify and screen such tenants.
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11 January 2020 | 81 replies
Banks have a vested interest in getting lowball appraisals in BRRRR situations, and if appraisers want to keep working for their main clients, those banks, they quickly learn to be well-versed in the art of giving the banks what they want, money-making lowball appraisals that screw you, the investor, and take money out of your pocket.An appraiser is going to come in with a point-and-shoot digital camera, or, in the worst case, use her/his phone.