13 October 2015 | 7 replies
Stay below 30% utilization, 50% at the very maximum.
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14 October 2015 | 6 replies
From what I can see from the windows it seems the bank has kept the utilities and AC on, and aside from a carpet cleaning and some paint it is pretty clean.All that being said I'm am thinking of picking it up to rent for a few years, then I'll upgrade the kitchen and flooring and move into it, and rent my current home, or sell it depending on how strong the market is and move on to the next investment.Problem is that while I have awesome credit (820+) and work history, I only have maybe 5k cash I can use for the property, the rest needs to be mortgaged.
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14 October 2015 | 3 replies
Utilize postcards as my marketing vehicle, beginning with sending out 1000 of them to my target audience per mailing to start with.3.)
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6 March 2015 | 3 replies
I did my numbers and came up with a fmv of 23k so i was able to talk seller down to 12k from 25k...rent is currently 425 a month my plan is to wholesale it as is investment property tenants pays all utilities except water and sewage.
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6 March 2015 | 21 replies
House tenants pay more utilities like water, sewer and trash than apt. tenants.
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7 March 2015 | 2 replies
We utilize technology such as Skype to substitute for face-to-face meetings.
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15 March 2015 | 41 replies
we did not use the utility so why should we pay for it?
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21 October 2015 | 19 replies
If financing, are you considering utilizing US or Canadian banks?
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6 March 2015 | 10 replies
Regardless, HML's should typically be utilized for short term projects ~6 months since you're typically structured as interest only so take that into account.Also, some banks will take 6 contiguous months of rental income as proof of income for a cash-out refi.
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12 March 2015 | 11 replies
But, if part of your idea is for each property to be self sustaining, this might be something to consider.3) Why did you use $180K in cash to outright pay off the 2nd rental in full?