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20 April 2024 | 7 replies
In places where I provide utilities I must provide within the temperature range the state requires but I don't need to let tenants control the thermostat whereas if they pay utilities they must have control.
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19 April 2024 | 2 replies
Since we have mortgage on the selling property, are we required to get a morgage for new property as well or we can do all money down ?
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19 April 2024 | 19 replies
These buildings are VERY old and require a lot of maintenance/capex.You can find great deals in all of the listed areas.
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19 April 2024 | 9 replies
I am not worried about the integrity of the structure, but will the bank require this to be fixed?
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19 April 2024 | 4 replies
Maybe depends on value of the house and credit worthiness of the buyer.Also 1st lienholder may not allow, depends on who that lender is and what requirements they have.
21 April 2024 | 29 replies
also shivani these days the way I do it is I checked the inspection report and I would categorize it, will it require 30k-50k rehab, is it 75k-100k project ?
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18 April 2024 | 18 replies
Quote from @Michael Potorti: Analyzing areas around Columbus OH for purchasing duplexes and SFH for appreciation / cash flow - would like to stay in $100-200k range - any insight on where to target and areas to avoid are appreciated.This question depends on your desire for future earnings or immediate returns.
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19 April 2024 | 3 replies
Yes you can, you would be required to occupy the property for at least a year.
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20 April 2024 | 9 replies
Remember to conduct thorough due diligence as these properties often require rehabilitation.
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19 April 2024 | 2 replies
30 year fixed, low interest rate DSCR BLANKET loans (put multiple 1-4 unit properties under one loan for cash out or for purchase).Ground Up Construction loans for aspiring developers with NO Experience100% Financing on Fix and Flips (just pay closing costs and prepaid taxes/insurance)Fix and Flip financing that requires no appraisalHELOCS on investment propertiesBuilder's Forwards (for medium to larger developers who want to hedge interest rates on their properties they plan to sell so they can offer "low builders rates").DSCR loans for long term AND short term rentals (I think this is becoming more and more common, but some people have still never heard of this).And so much more!