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6 July 2017 | 6 replies
There are two other inspectors besides me on our team and all of our inspectors are outstanding and each one of us can be specifically requested to do the inspections it would be great to connect and it would be a pleasure being able to help provide an investor like yourself.
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6 July 2017 | 2 replies
., The key is to locate a Qualified Intermediary that has both the experience and the expertise to successfully complete you 1031 Exchange transaction, and that has a nationwide operation.
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7 July 2017 | 4 replies
They are nationwide and very flexible with investors from what he tells me.
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11 July 2017 | 6 replies
You'd have to file eviction action, wait for court hearing and be out of a roof over your head.Take the loss of a month's rent, get the tenant out so you have a great place to advertise that your moving out of and can transition smoothly.The tenants at the property in question have 750+ credit, and are outstanding.
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10 July 2017 | 27 replies
Admittedly, if a nationwide recession hit, and property values and/or rent dipped 15 or 20%, this person is subject to loosing 15-20% of $900k in properties, rather than the widow's 20% of $225k.Then, if you use the BRRRRR method, the cash-out refinancing, once you have enough equity (usually through remodeling the property, but sometimes through market appreciation) allows you to ideally grow a portfolio of rentals with 100% financing....and zero of your precious equity left in the property.....I know of a BRRRR investor that turned $80k cash into 30 rental properties worth about $8million ($5million in loans, $3million in his equity) in 5 years....granted, he bought at the bottom of the 2006-08 recession and benefited....but much of it was the buy at a discount and remodel profit.Then decide if the risk/reward is right for you.You can say "look what I did with low leverage" (slower)....or "look what I did with maximum leverage" (faster).
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15 October 2018 | 6 replies
I paid off the 11k in outstanding mortgage along with fees, had the purchase agreement notarized, and lawyer took care of all filings.
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8 July 2017 | 2 replies
I also know of a nationwide lender that has this limit but was willing to be flexible on it for me in the past.
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17 July 2017 | 4 replies
ABC Bank with a $100,000 mortgage outstanding on a property worth $75,000 who is willing to sell it for $30-50,000 before foreclosing.
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9 January 2018 | 13 replies
@Josh Parra Outstanding sir!
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30 May 2019 | 16 replies
RW is a franchise operation with nation wide presence and charge a fixed fee/month + variable cost as needed (as opposed to 8%-10% of rent/m) so might make sense depending how high maintenance your property/tenant is.