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4 April 2024 | 14 replies
However you likely cannot refinance for a year if you complete a quiet title because most lenders will require title insurance and providers typically won't issue it until you own the property for 1 year even if you complete a quiet title because the tax sale process is so messy and prone to issues.
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2 April 2024 | 8 replies
I am reading the books, watching the YouTube videos, listening to podcasts, only thing left to do is physically meet like minded people.
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4 April 2024 | 0 replies
Hold it for forever, refinance as required to tap into equity and continue to grow our little portfolio.
4 April 2024 | 12 replies
You'll do this for everything in the home that requires replacement: interior paint (4 years), flooring (12 years if you use 12 mil LVP), roof (20 years), hot water heater (10 years), oven, washer, dryer, garbage disposal, microwave and so on.
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4 April 2024 | 4 replies
Those make you better cash-flow but it requires a bigger initial investment because you renovate upfront and furnish it.
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4 April 2024 | 16 replies
@Lucy YenA calculated strategy to creating wealth and cash flow is required in real estate investing.
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4 April 2024 | 6 replies
**Not Accepted for Loans**: Lenders typically require a full appraisal, not just a BOV/BPO, when approving commercial mortgages or other loans secured by the property[4].3.
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3 April 2024 | 1 reply
For instance, you would be able to obtain a loan at less than 10% down, while a rental purchase would require at least 20% down.The down side to moving into a home is that you would not get to have LLC vesting.
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4 April 2024 | 9 replies
Better priced multifamily will require renovations.
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1 April 2024 | 17 replies
A) not the physical building, 123 Main St., and is thus undeliverable.