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27 October 2021 | 13 replies
With that specific loan product, you can get the work completed prior to moving in, and with $40k left on your loan limit you'd probably be able to fix the majority of those issues.I completely get taking on a rehab from the get-go may be a little bit intimidating, but one of my other favorite sayings is "let discomfort be your compass" - the more difficult the challenge is the faster you'll grow.
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25 October 2021 | 84 replies
To me being an agent for all these decades .. its a lifestyle choice .. its not a job per se. mainly the more successful you become as an agent the busier you get.. there are so many perks to being a successful high producing agent FAR in excess of just the commission income.
27 October 2021 | 3 replies
I am a property manager and I want to choose a vinyl flooring brand and stick with it so I can go back and find more product that will work with my leftovers.
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24 October 2021 | 6 replies
Most lenders who offer conventional loan products should be able to help you out, as long as your transaction meets Fannie Mae's delayed financing requirements, found here: What are the requirements for a delayed financing exception?
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24 October 2021 | 3 replies
This the property would be owned by me for only 2 months here.And finally if there is this type of time requirement is it lender or product specific?
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4 November 2021 | 16 replies
They may have a portfolio product or land loan product that would fit your needs."
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31 May 2022 | 10 replies
The home is in Wisconsin, and is a three unit producing 1900 a month in rental income.
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3 November 2021 | 4 replies
My 2 cents in self storage is that you should really do your homework with current construction costs for this product type.
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27 October 2021 | 39 replies
Or is it more likely a wood composition siding product?
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23 October 2021 | 8 replies
But at face value, the three currently rented units produce $2095/month in net income, so it seems like the cash flow could be great, but then when I plug everything into the calculator tool on BP with 8% vacancy, 10% property management, 10% cap ex, etc, I actually end up with a negative cash flow.