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28 May 2016 | 4 replies
HMLs typically like to work with investors who have been successful already. 1 good flip might be enough to prove yourself.You can explore conventional financing options like FHA 203(k) or HomeStyle.
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27 May 2016 | 17 replies
Think of those hours every day you could be networking, exploring properties, going to real estate investor club meetings, dating, exercising...Find a CHEAP rental though - get a roommate even.
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15 May 2017 | 29 replies
If that is the case, consider exploring the ROBS 401k which is a type of 401k that allows one to invest in their own real estate operating company and also draw a fair salary.
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26 May 2016 | 2 replies
I had been passed on an excel file from my acquisitions manager with almost 400 lines of data.
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29 May 2016 | 11 replies
I do have experience working for Construction companies, Service Industry companies, and Independent Contractors in fileds such as Plumbing and A/C, Electrical, Multifamily Service/ Construction as well as Sales, Customer Service, Renovation/ Remodeling, Data Entry, Financial Services and Start-up Companies.
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27 May 2016 | 2 replies
There's not much the lenders can do based on my preliminary estimated numbers so until I have the formal pro-forma data from the feasibility analysis, that will have to go on the back burner.
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29 May 2016 | 11 replies
From what I keep reading they state that agents, brokers, property managers, etc are major resources for finding data that I could use/crunch to determine property value more accurately.
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30 May 2016 | 17 replies
According to a recent ranking of median property taxe rates by CoreLogic's Data Team, Illinois is highest at 2.67%, Hawaii is lowest at 0.31%, New York at 2.53%, Texas at 2.17%, Florida at 1.32%, California at 1.12%, Georgia at 1.10%, and South Carolia at 0.71%.Average tax rate across the entire country is 1.31%, so a homeowner of a $200,000 home would pay $2,620 in property taxes.I tried to copy and paste the entire table but couldn't do it from my iPad Pro.
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31 May 2016 | 24 replies
The thread above did explore some interesting angles on partnership percentages, structure, etc that are instructive and highly personal.
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30 May 2016 | 6 replies
You will be buying it based on the business's last 3 years of financial operating data, plus, whatever you decide to add or deduct based on the park's condition/location/amenities.