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18 June 2024 | 26 replies
Quote from @Robert Bell: I am a Loan Officer for Avalon Capital.
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17 June 2024 | 13 replies
Tell them that you're helping out the homeowner and have the funds to bring the loan current.
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17 June 2024 | 6 replies
With a 20% down loan, you are looking at a 750k property.
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17 June 2024 | 8 replies
Personally prefer SFR..Not sure about DFW but do have a realtor reference for you..be sure to budget for furniture and furnishings if not sold turn-key..a seller concession is a great way to preserve capital for MTR or STR's..check in with @Joseph Chiofalo for an investor friendly lender..he's excellent at helping structure loan programs for investments.
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17 June 2024 | 5 replies
Something to consider- most people in your situation will make WAY more money through tax savings than they will through cash flow-so, take that in to consideration.
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15 June 2024 | 10 replies
In a situation like this, does it make sense to pay off the final rental, or is this a really bad idea?
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15 June 2024 | 5 replies
I'm not sure of the situation but based on the info I would approach this differently.