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16 November 2018 | 4 replies
On the off chance you decide to hold and rent, make sure you discuss permanent financing options with a couple of banks/mortgage brokers up front as well.
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30 November 2018 | 16 replies
The tenant texted me a couple days ago and stated “we have not lived in the house for two weeks, but I still have a table in the garage and a lamp and some **** there.”Should I return to the home now to get the ball rolling and get this place re-rented by doing some repair work or just wait until everything is removed/ the whole process is done with?
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20 November 2018 | 4 replies
They were an elderly couple that wanted to get out of the landlord game and move to the beach.
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17 November 2018 | 2 replies
Yeah I been on YT for the last couple days, it’s going pretty good.
23 November 2018 | 4 replies
Do a couple deals with your friends (who sound like they're ready to gouge you) and then get out of your comfort zone and do it yourself!
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20 November 2018 | 11 replies
Keep in mind the approval will only last a couple months, and the lender won't "lock in" the rate unless you have a signed purchase agreement.
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16 November 2018 | 2 replies
When I got one with them a couple years ago, they required 12 months seasoning. 80% LTV was pretty easy to get.
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27 November 2018 | 1 reply
An investor is limited to 4 financed properties including subject - so they could do this Financing method for a couple of the first transactions.
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17 November 2018 | 3 replies
Had a couple attempts where I made it far but frankly the market here has been so competitive it has led me to seek my fortune elsewhere, specifically in Chicago, where I have a good friend doing real estate.
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21 November 2018 | 39 replies
My partner and I are under contract to buy an apartment complex and it happens to be in an opportunity Zone we didn't even know it when we went under contract for the apartment complex and some nearby a couple of other complexes that we have and this one just happens to be in an opportunity Zone doesn't even appear to be a rhyme or reason as to why it's in an opportunity Zone. that being said it's not a redevelopment project and we're not going to be able to take advantage of the tax credit because there's no way that we can put a hundred percent additional Capital into this particular project but what it did is it got us thinking there might be another property nearby that does need that kind of redevelopment and so now we're actively seeking other properties in that same area that will help us build our existing portfolio and potentially get significant capital gains tax deductions at the same time.