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11 May 2024 | 22 replies
@Sam Nichols Not a great feeling, I'm sure.Easiest option is to find another property manager.
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10 May 2024 | 30 replies
If you're looking for appreciation and good tenant laws, Florida is a great option.
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10 May 2024 | 4 replies
If you don't have the funds you'll need to make them through a W2 job, or 1099 contract work.Alternatively, you can looking into other "creative" financing options.
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10 May 2024 | 8 replies
Consider exploring HELOC options from national banks or online lenders that operate across multiple states.
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10 May 2024 | 7 replies
Also the added value from developing the lot is more in the vacant part than in the already built portion.If we do have to sell the whole parcel, another option could be a performance bond and a lien on the property.Looking up pros and cons of performance bonds, this interesting article comes uphttps://www.lauriebrennan.com/blog/to-bond-or-not-to-bond-th...
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9 May 2024 | 4 replies
@Vinay M.Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder, etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
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8 May 2024 | 5 replies
If you don't want to take out debt on the 1031 replacement property, then you can supplement $150K from the proceeds of the personal residence half -- or from any other source that you like.
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10 May 2024 | 8 replies
If not, generate cash and build credit profiles for free i.e. 800 FICOs and 80 PAYDEX LLCsbecause when you need to raise money, the more options the better.If you need any advice on building credit effectively on the cheap,feel free to reach out :)This is my opinion and I'm not licensed,John Acheson, MBA
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9 May 2024 | 2 replies
The financing options I have seen that make the most sense are Construction to Permanent Loans, but researching all of the different loan options has my head spinning.
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9 May 2024 | 2 replies
In exchange for the time you spend on this, you will get to save the fee you would pay in option 2 or 3.