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1 September 2021 | 13 replies
We were planning to continue down the path of investing in single family and smaller multifamily units, but decided in 2017 that we wanted to grow bigger faster so we started looking more into larger multifamily apartment syndications.Josh ended up going to a Think Multifamily conference in Dallas TX in October of 2017 and he really resonated with Mark and @Tamiel Kenney of Think Multifamily, and we ended up joining their mentorship program!
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31 August 2021 | 19 replies
I also know there are 0% down programs for certain properties and buyers (USDA, Doctors, etc.) you may want to see if there is a similar program for teachers.
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1 September 2021 | 7 replies
On August 13, 2021 (45 days after this law was enacted) a landlord may terminate or not renew a lease for those with outstanding rent who are ineligible for a COVID-19 emergency rental assistance program (such as RentHelpMN.org or the Zero Balance Project).On October 12, 2021 (105 days after this law was enacted): a landlord can end a lease for any legal reason, with the appropriate written notice if required in the lease, or the written notice required under MN Stat. 504B.135 (tenancy at will).
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19 September 2021 | 14 replies
They had a program where we pulled out $215k on a $420k new loan & only paid $27 in closing costs.
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1 September 2021 | 5 replies
There are even rental programs that will refinance your property and give you cash out before the property is fully rented.
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31 August 2021 | 1 reply
Are they any programs you’d recommend to learn how to do this?
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2 September 2021 | 5 replies
These sound good in the sales pitch but end up being very expensive.Does your city or state have any lower income housing programs that could help?
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3 December 2021 | 7 replies
Insurance quotes I have received from the big companies are outrageous and they require a roof that is not more than 10 years old or they don't want to insure (although inspection and certification is required).
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19 September 2021 | 7 replies
OK quick advice so I'm refinancing my duplex I've only owned it for almost one year, The real estate market is hot out here in North Idaho the home gotta appraised for 100 K more than purchase price They only give you 80% of the appraised value with a cash out refi , I was hoping for more but they're only willing to give me 17k at the closing table, It will raise my mortgage $200 monthly from 1880 to 2080 Since I'm house hacking The $1400 for rent on the other side supplements my income Which leaves me not having to pay too much to cover the paymentI've been going back-and-forth, but I really need to pay off $17000 of credit card debt It will raise my credit score significantly at least and then I'm thinking 6 more months down the road I can move it to a conventional loan or take a take advantage of FHA Program that lowers my interest rate if I have a good credit score to lower my payment right back downMy credit card bills amounts to 490 monthly( This is just the minimum payments) If I do Go through and take this to the closing table I will be saving $300 a month instantly By having to not send out 490 monthly in cc bills although my mortgage will go up $200 should I go through with it or try to plug away at the cc debt for the next year !?
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1 September 2021 | 2 replies
I owner-occupy a 4-plex that I bought about 6 months ago, and I'd like to utilize some that equity, but I'm having difficulty finding any loan programs for my situation (I'm aware that this would be a unicorn product).