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5 July 2018 | 7 replies
More interested in either cash flow or cash on cash return.
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23 June 2018 | 15 replies
You would evaluate your holding costs at the much cheaper FHA 203k interest rate or conventional loan interest rate, if you wanted you could inflate your return by assuming you would have paid $x in rent per month as well other than that it will be pretty similar.
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25 June 2018 | 21 replies
If so, ask them what their return expectations would be prior to presenting a deal.
20 June 2018 | 14 replies
I’m printing off return address labels and am wondering if I can put my title “First Lieutenant (name)” or not.
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20 June 2018 | 2 replies
His is currently in the Dominican Republic for a few more weeks AND when he returns I can connect you two together.Just text me at my number below and we can schedule time....same for you also @Marty True.
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19 June 2018 | 11 replies
It's been a long time, so my memory is a little fuzzy, but it seems like we may have also offered a credit on their next month's rent to offset the higher cost of utilities during that time as well.
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19 June 2018 | 5 replies
As far as some general criteria/thoughts:- My workplace is in the Cobb/Vinings area and I would ideally like to be a < 30 min drive to work (though I don't mind if its up to 1 hour away since that is my current commute)- I'm interested in using a FHA loan to put ~5% of a down payment (3.5% down pmt + 1.75% upfront mortgage insurance premium)- My target all-in purchase price range is between 200k - 400k - I would prefer to live in a 'A' or 'B' class property that I could rent another unit to a young or established professional/college or grad student- Just from discussion with my friends, a lot of them seem to dig living in areas like Midtown, Buckhead, Virginia Highlands, Brookhaven, Lindbergh.. how feasible would it be for me to househack in any of those areas and expect to generate a decent return in the future once I move out and rent out my unit?
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25 June 2018 | 5 replies
If you hold the property in your name, they will want to see your tax returns including form T776 for the past 2-3 years.If you hold the property in a company, they'll want financial statements for the company (minimum) and possible corporate tax returns as well.
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25 June 2018 | 47 replies
The best part is that you get to make a really good return on your money from the interest rate you collect.
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20 June 2018 | 4 replies
The CoC return could be better in my opinion, but really depends on what your goals are.