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28 July 2021 | 22 replies
“In order to be Fannie Mae warrantable and/or FHA approved, condo complexes must meet certain specifications for the percentage of owner-occupied units, the number of units owned by one individual or company, and the amount of reserves and must be in good condition and free of litigation.”
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30 July 2021 | 18 replies
I am surprised by your comment on Bridge @Nathan Brooks is one of the most respected individuals in the industry.. maybe something fell through the cracks and he will want to know about it.
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27 July 2021 | 0 replies
during refinance of 4th house, i asked banker if i could loan against the equity in house #4 to use as down payment for this house, #5. stopped #4 refinance and refinanced both at the same time. they were both refinancing and closing individually.
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19 August 2021 | 1 reply
The rest focuses on the individual deal and if its numbers work.
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3 September 2021 | 10 replies
What are some ways to secure financing for short -term Airbnb rentals knowing that they are more of a buy and hold.Any advice from individuals who have done this before on the best way to secure financing?
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18 September 2021 | 3 replies
All depends on the mood of the individual inspector that day.
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7 September 2021 | 17 replies
Some individuals may not be familiar with the website or prefer to use a different method for various reasons (tech problems, how they set up accounts, income structures ect).
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25 August 2021 | 43 replies
They often outperform individual investors if we exclude owner-occupied financing mechanisms which you wouldn't be able to use at scale with $4M anyways.TLDR:You can invest privately through real estate funds.
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20 August 2021 | 1 reply
We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
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19 September 2021 | 3 replies
I would love the opportunity to network with investors, lenders, contractors, property managers, and agents to build relationships, future business, and surround myself with like-minded and more experienced individuals so I can learn as much as I can!